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Wheat procurement surpasses last year's level, reaches 28.66 million tonne - The Economic Times

Published 12 hours ago2 minute read
Wheat procurement surpasses last year's level, reaches 28.66 million tonne
PTI
has surpassed last year's level and reached 28.66 million tonne so far in the current 2025-26 marketing year, according to official data. The procurement is the highest since the 2022-23 marketing year, driven by projections of a record wheat output of 115.3 million tonne this year. Total wheat purchase stood at 26.59 million tonne in the 2024-25 marketing year.

While the wheat marketing year runs from April to March, the bulk of procurement occurs in the first three months.

State-owned Food Corporation of India (FCI) and state agencies procure wheat at a minimum support price for the central pool.

FCI data shows all five major wheat procuring states - Punjab, Haryana, Madhya Pradesh, Rajasthan and Uttar Pradesh - have procured more wheat in the current year compared to last year.

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As of May 16, Punjab has procured 11.57 million tonne, followed by Madhya Pradesh 7.40 million tonne, Haryana 7.01 million tonne, and Rajasthan 1.64 million tonne. About Rs 62,346.23 crore in minimum support price payments have been made, benefitting 2.27 million farmers, the data showed. Wheat harvesting has been fully completed in Madhya Pradesh, Haryana, Rajasthan, and Gujarat, with partial harvesting remaining in Punjab, Uttar Pradesh, and Bihar.

The wheat procurement so far is still behind the target of 31.2 million tonne set for 2025-26.

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