{"id":11042,"date":"2020-07-03T22:31:39","date_gmt":"2020-07-03T17:01:39","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=11042"},"modified":"2020-07-03T20:32:49","modified_gmt":"2020-07-03T15:02:49","slug":"indias-wheat-procurement-at-a-record-high","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/","title":{"rendered":"India&#8217;s Wheat Procurement at a Record High"},"content":{"rendered":"\n<p>FCIs wheat purchase increased 13% than the previous year. <a href=\"https:\/\/www.grainmart.in\/news\/india-wheat-bajra-barley-and-maize-rates-on-05-may-2020\/\">India\u2019s wheat<\/a> procurement for food security and Public Distribution System at a record high.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">FCI Purchase of Wheat<\/h4>\n\n\n\n<p>A government statement revealed that FCI had purchased 38.83 million tonnes of wheat this year. 4.7 million tonnes more than the previous year\u2019s purchase. An official predicts that the government will end up buying 40.5 to 41 million tonnes this year\u2014 a similar record high wheat purchase made in 2012 which led to the rotting of stocks. The corporation will run out of <a href=\"https:\/\/www.grainmart.in\/news\/decentralized-cold-storage-a-step-towards-making-indian-agriculture-self-reliant\/\">storage<\/a> space soon if it continues to make purchases at this level. The experts predict this year\u2019s output at 107.18 million tonnes, versus 103.60 million tonnes produced in the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"275\" height=\"183\" src=\"https:\/\/www.grainmart.in\/news\/wp-content\/uploads\/2020\/07\/download-20.jpg\" alt=\"India Increases Wheat Procurement for Food Security\" class=\"wp-image-11094\"\/><figcaption>India Increases Wheat Procurement for Food Security<\/figcaption><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\">Working of FCI<\/h4>\n\n\n\n<p>FCI is a government authorized organization that buys grain from <a href=\"https:\/\/www.grainmart.in\/news\/contract-farming-set-to-increase-farmers-income-in-india\/\">farmers<\/a> at a state-set guaranteed price. It procures rice and wheat from farmers via paddy purchase centres, mill levy, and custom milling. Also, it maintains depots like food storage depots and buffers storage. After that, it transports the stocks at the rates declared by the <a href=\"https:\/\/www.india.gov.in\/\">Government of India<\/a> to state governments for further distribution under the Public Distribution System.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Private Traders Avoided Procurement of Wheat this Season<\/h4>\n\n\n\n<p>The annual guaranteed price offered by the government to the farmers has led to overflowing bins. Not only this, but the guaranteed price<mark id=\"annotation-text-a73081dd-9ce8-45b6-a301-6d8d4311f431\" class=\"annotation-text annotation-text-yoast\"><\/mark> has also pushed price by $35 a tonne above world market prices. This has made the export of wheat impossible for India. Private traders have avoided buying it this season due to the <a href=\"https:\/\/www.grainmart.in\/news\/cashew-farmers-feel-the-burn-of-lockdown-as-no-buyers-for-the-produce\/\">lockdown<\/a>. Consequently, government granaries have overflown.<\/p>\n\n\n\n<p>In all, if procurement continues at such as rate, the FCI will face shortage of storage space.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FCIs wheat purchase increased 13% than the previous year. India\u2019s wheat procurement for food security and Public Distribution System at a record high.<\/p>\n","protected":false},"author":13,"featured_media":4457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[20985,6838,202,1337,1090,20984,7638,66,20988,13641,20986,20983,53,20924,20987,1740,9994,15178,65],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India&#039;s Wheat Procurement at a Record High - Grainmart News<\/title>\n<meta name=\"description\" content=\"FCIs wheat purchase increased 13% than the previous year. India\u2019s wheat procurement for food security and Public Distribution System at a record high.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India&#039;s Wheat Procurement at a Record High - Grainmart News\" \/>\n<meta property=\"og:description\" content=\"FCIs wheat purchase increased 13% than the previous year. India\u2019s wheat procurement for food security and Public Distribution System at a record high.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/\" \/>\n<meta property=\"og:site_name\" content=\"Grainmart News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/grainmart.in\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-03T17:01:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.grainmart.in\/news\/wp-content\/uploads\/2020\/04\/FCI-wheat-New.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1278\" \/>\n\t<meta property=\"og:image:height\" content=\"731\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gurneel Kaur\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Grainmart1\" \/>\n<meta name=\"twitter:site\" content=\"@Grainmart1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gurneel Kaur\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/\"},\"author\":{\"name\":\"Gurneel Kaur\",\"@id\":\"https:\/\/www.grainmart.in\/news\/#\/schema\/person\/2207bccbf6af27486201b6b7db8c3b53\"},\"headline\":\"India&#8217;s Wheat Procurement at a Record High\",\"datePublished\":\"2020-07-03T17:01:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/\"},\"wordCount\":288,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.grainmart.in\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.grainmart.in\/news\/wp-content\/uploads\/2020\/04\/FCI-wheat-New.jpg\",\"keywords\":[\"buffers storage\",\"custom milling\",\"farmers\",\"fci\",\"Food security\",\"food storage\",\"government\",\"government wheat procurement\",\"granaries\",\"lockdown\",\"market prices\",\"mil levy\",\"Paddy\",\"Private traders\",\"privates traders\",\"procurement\",\"public distribution system\",\"stocks\",\"wheat\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/\",\"url\":\"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/\",\"name\":\"India's Wheat Procurement at a Record High - Grainmart News\",\"isPartOf\":{\"@id\":\"https:\/\/www.grainmart.in\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.grainmart.in\/news\/indias-wheat-procurement-at-a-record-high\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.grainmart.in\/news\/wp-content\/uploads\/2020\/04\/FCI-wheat-New.jpg\",\"datePublished\":\"2020-07-03T17:01:39+00:00\",\"description\":\"FCIs wheat purchase increased 13% than the previous year. 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