India’s wheat procurement likely to be at 3-year high in 2024-25.

An early start to wheat procurement has helped the Indian government to purchase 31 per cent of the arrival until March 31. In comparison, the purchase was less than 13 per cent of the arrivals in the year-ago period. Wheat arrivals were reported at 8.26 lakh tonnes (lt) in March this year, only 3 per cent more than the year-ago period, the higher procurement indicates that the message to the private trade has yielded the desired impact.

This article has been republished from The Hindu Business Line.