In 2018, India will increase production of wheat and refuses to import

2017-11-29 12:12:13
Machine translation
In 2018, India will increase production of wheat and refuses to import

the Indian government hopes that thanks to the good weather and state support in the form of a guaranteed purchase price for local farmers in 2018 will increase the acreage under wheat (at least 5%) and legumes. In addition, experts believe that in the 2018/19 season, which in India starts on 1 April, the country for the first time in 3 years refused to import wheat.

 

In November, the Indian government raised the import duty on wheat to 20%, after in October increased the purchase price by 6.8% to RS 1,735 (26,93 $) for 100 kg of wheat.

 

Government holdings as on November 1 stood at 23.9 million tonnes, which is 27% higher than the previous year.

 

Own production fell through a severe drought in 2015 and 2016, so the country is actively imported wheat, mostly from Ukraine, Australia, Russia and Bulgaria. In the season 2016/17 imported highest for 10 years 5.75 million tonnes of wheat.

 

In 2017, the wheat production in India rose 6.7% to a record 98,38 million tons.

 

it is Expected that farmers 20% increase in acreage under chickpea, because it has a higher yield than oil. In India, chickpea is the major winter legume. Increased production will reduce imports in the season 2018/19.

 

In the 2016/17 season, India increased its imports of peas by 41% to a record high of 3.17 million t. the Main suppliers of steel peas Canada, Russia, USA and France.