Central Wheat Stock Exceeds 29.81 Million Tons Amid Rising Pressure in Rajasthan and MP
Due to increased pressure of new wheat arrival in Rajasthan and Madhya Pradesh, the central pool’s wheat procurement has crossed 29.81 million metric tons, which is significantly higher compared to last year. Currently, there is pressure on wheat supply in Haryana and Punjab, but the government’s continuous procurement in Madhya Pradesh and Rajasthan at the Minimum Support Price (MSP) along with bonuses is causing abundant wheat collection there. As a result, wheat prices have settled between ₹2750 and ₹2760 per quintal in these regions. It is advisable to sell your wheat stock now because after June 15, when government procurement ends, private sector wheat will start arriving in the markets. give heading for this