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Heat Wave & Impact on Wheat
Heat Wave & Impact on Wheat
- Recently, the government has lowered its wheat production estimates by 5.7% to 105 million tonnes (MT) from the projected 111.32 MT for the crop year ending June.
- Why the estimates revised?
- After five straight years of a bumper wheat output, India has had to revise downwards its estimated production.
- Unprecedented heatwaves across the north, west and central parts of the country, and March and April being the hottest in over 100 years, have caused substantial loss to the yield at 6%, with 20% of the wheat grain shrivelling up.
- Unusually warm weather conditions that persisted during March to April in most parts of the key grain-producing States of Punjab, Haryana, Madhya Pradesh as well as Uttar Pradesh.
Is there Food security threat in India?
- Not Really..!!
- Although, India has revised estimated produce to 105 mT this would be enough for our food security programmes. Which needs 24-26 mT tonnes a year.
- However, India could experience higher wheat prices in upcoming season.
- This year the government’s wheat purchase has seen a dip owing to several reasons from lower yield to higher market prices being offered by private traders.
- Moreover, recently the government has also revised the grain allocation under PMGKAY for May to September 2022. According to the new guidelines, the FCI will fill the gap left by wheat with an increased allocation of rice to states.
Big Impact on Export Plans
Just a Few weeks back
Big Impact on Export Plans
Big Impact on Export Plans
- India has sent out dossiers to over 20 countries and talks are on at different levels with all these countries. The aim is to reach early resolution on the Pest Risk Analysis by each of these countries so that exports can take off soon.
- The Agricultural and Processed Food Products Export Development Authority (APEDA) and Ministry of Agriculture are sending delegations to Morocco, Tunisia, Indonesia, Philippines, Thailand, Vietnam, Turkey, Algeria, and Lebanon to explore possibilities of harnessing wheat exports.
- The Commerce Ministry has put in place an internal mechanism to facilitate it and get the paperwork ready for the related sanitary and phytosanitary applications to help facilitate shipments. Indian authorities are working closely with many countries to negotiate for easing “unreasonable” standards.
Big Impact on Export Plans
- Till now, 4 MT of wheat has been contracted for export and about 1.1 MT has been exported in April 2022.
- After Egypt, Turkey has also given approval for the import of Indian wheat. India has been eyeing deals with new export markets in European Union countries too.
- Compared to record wheat exports of 85 MT in the fiscal year 2021-22, the Centre had estimated exports of 12 MT for 2022-23, to cash in on the market rally in global prices following the Ukraine crisis.
- Market observers estimate exports will be lower than projected earlier at about 10 MT amid low or damaged output.
Big Impact on India’s Role
Big Impact on India’s Role
Big Impact on India’s Role
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