Agri Business

Wheat production likely to touch record 98 mt in current crop year

Tunia Cherian | | Updated on: Apr 25, 2017
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Wheat production is set to touch a record 98 million tonnes (mt) in the ongoing 2016-17 crop year ending June, on account of higher yields.

In its second estimate, the Agriculture Ministry had pegged a record wheat output of 96.64 mt for the current crop year (July-June) as against the actual output of 92.29 mt last year.

“Taking into account the feedback from the state governments and experts, it looks like wheat output will reach an all-time high of 98 mt this year,” a senior Agriculture Ministry official told presspersons on the sidelines of an event here.

The crop yields are better this year as weather conditions during February-March remained favourable. There was no adverse temperature variation, which helped soil moisture to remain normal for crop growth, he said.

In view of the expected record output on the back of a good monsoon, the government is aiming to procure 30 mt of wheat at the support price.

At present, the new crop is being harvested in full swing. Already, government agencies like FCI, has procured more than 10 mt of the grain from states such as Punjab and Haryana.

To ensure farmers get better price for their produce, the government has restricted imports by reverting to a customs duty of 10 per cent on the grain.

Published on January 15, 2018

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