The Ministry of Agriculture estimates wheat production in record 115.43 Mt Duration 2024-25 Year of cultivation (Julio-June), compared to 113.29 mt in 2023-24 | Photo credit: PTI
As wheat acquisition reaches about 20 million tons (MT), the rhythm of purchases slows down in the middle of the accumulation of grain in Punjab and Haryana. The acquisition until April 24 was 19.86 Mt against 13.58 Mt the previous year, 46 percent more.
The daily acquisition of April 24 was 1.47 MT, compared to 1.67 Mt the previous year, 11.5 percent less, while it was 14.1 percent on April 21 to 1.48 Tm against 1.3 Mt.
“The daily acquisition has not dropped, while the amount of the previous year has increased and this is largely due to late collection in 2024, compared to this year,” explained an official source. However, he said that private acquisition has increased in the last 7-10 days, particularly in Uttar Pradesh, because prices have marginally reduced.
On the other hand, there are reports from fewer districts of Punjab and Haryana about the accumulated wheat due to the slow grain evacuation outside these states. The sources said that some of the newly built silos are full and that the government’s bone organizes more rakes to remove the grain outside the thesis states.
According to the latest data, the acquisition of wheat in Punjab has surpassed all other states despite the late start and has reached 6.84 TM as or April 24 of this season, against 4.58 TM in the previous year period. Haryana has reported that her acquisition has reached 5.89 TM against 5.19 TM the previous year. As usual, both thesis states are expected to contribute significantly to the central group.
Based on the comments of the state governments, the center has set a goal for the PROM, which includes 12.4 TM of Punjab, 7.5 Mt of Haryana, 6 mt of Madhya Pradesh, Rajaja, Rajaja. 0.2 TM of Bihar and 0.1 TM of Gujarat.
The Ministry of Agriculture estimates wheat production in record 115.43 Mt Duration 2024-25 year of cultivation (Julio-June), compared to 113.29 Mt in 2023-24.
According to the data, Food Corporation of India (FCI) has acquired 5.65 TM so far this year against 3.11 Mt in the previous year in Madhya Pradesh, after the acquisition began on March 15. The state as the announcement has the announcement has a ring price (MSP) or ₹ 2,425/quintal. The Government had bought 4.84 TM of MP throughout the season last year.
Rajasthan, where the government has relaxed quality standards under the average quality standards (frequent questions), the acquisition has reached 0.88 TM, compared to less than 0.26 Mt per year. It is likely to buy near the 2 TM goal due to the bonus, paid by the state government.
But, Uttar Pradesh continues to worry, since the rhythm of the acquisition has not seen an important improvement despite the unofficial prohibition of providing rakes to private merchants to get out of the state’s grain. The sources said the merchants are paying ₹ 2600-2650/quintal in Shahjahanpur, considered a key growing region for better quality.
But, the Agmarknet portal shows that Mandi Wheat prices this month are around ₹ 2,450/quintal and ₹ 2,500/quintal in Shahjahanpur, Up. In most state wheat markets, rates are marginally above MSP, while the state average was ₹ 2,446/quintal on Friday.
The average price of wheat in Madhya Pradesh was ₹ 2,494/quintal, in Rajasthan ₹ 2,473/quintal, in Haryana ₹ 2,426/quintal and on Punjab ₹ 2,427/quintal on Friday.
After the center obtained the record of 43.34 TM of wheat in 2021-22, the acquisition has continually lost the objective in the last three years, since the government could buy 18.79 TM in 2022-23 (Objective 44.4 MT), 26.2 MT1 and 26.1 2024-25 (Objective 37.3 MT).
Posted on April 25, 2025
