Wheat procurement down 32%

Wheat procurement in Haryana has dropped by as much as 32 per cent to 58.63 lakh tonnes (LT) in the ongoing rabi marketing season due to low yield.

Written by Press Trust Of India | Chandigarh | Updated: April 14, 2014 2:23 pm

Wheat procurement in Haryana has dropped by as much as 32 per cent to 58.63 lakh tonnes (LT) in the ongoing rabi marketing season due to low yield.

“The wheat procurement will be over 25 LT less than what it was procured in last season as the arrivals were hit due to adverse impact on crop caused by inclement weather conditions (in the month of March),” an FCI official said Monday. Haryana had recorded wheat purchase of 87.16 LT last year. Ahead of the start of current season,Haryana has set a target to achieve wheat procurement of 87 LT. With arrivals trickling down,crop procurement is unlikely to cross 60 LT,he said.

“Crop arrivals have shrunk to 100-200 tonne per day. We do not think the crop procurement will be more than 60 LT,” he added.

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