Three-year wheat holiday in 2 Bengal districts to check wheat blast.
Ram Gopal Yadav (9 years ago)

Centre has declared a three-year wheat holiday in Nadia and Murshidabad districts of West Bengal that reported outbreak of wheat blast this year to reduce the spread of the disease. Farmers asked to state govt to prepare a list of crops that can be planted instead of wheat for atleast three years. Govt has burnt the affected crop over 580 ha in Murshidabad and over 505 ha in Nadia so far. To ensure that the air borne disease is contained, Central govt has asked the West Bengal govt to buy the entire wheat that is harvested in the affected districts and get it custom milled into flour.

Flour millers seek tax exemption on wheat products under Goods and Services Tax regime.
Ram Gopal Yadav (9 years ago)

The Roller Flour Mills Federation of India has asked the govt to exempt wheat products from tax under the goods and services tax regime. Processing of wheat into flour and other products is an inevitable part of its consumption, and taxation of processed wheat based food products will put a burden on the basic staple of most people of the country. Govt has already exempted food grains such as wheat and rice from taxes under the GST regime. India produces an average of 90 MT wheat every year and consumption is pegged at 81-82 MT and of this flour millers process 20-30 MT. Roller Flour Mills Federation represents about 1,800 flour mills across the country which process wheat and produce products like maida, sooji, dalia etc.

NCDEX wheat up on expectations of import duty recovery.
Ram Gopal Yadav (9 years ago)

Futures contracts of wheat rise 1% on the NCDEX as traders expect the govt to soon impose import duty on wheat. Agriculture ministry is planning to impose import duty on wheat and the proposal is in final stage. Around 20,000 bags (1bag=100kg) of the grain arrived in Indore down from 5,000 bags.

Barley prices up in Jaipur on rise in demand.
Ram Gopal Yadav (9 years ago)

Prices of barley were up in Jaipur because of rise in demand from the malt industry, stockists and feed sector. Prices also rise due to lower supply. Arrivals of the new crop were pegged at 4,000 bags (1bag=85kg) compared with 6,000 bags. On the NCDEX, the most-active April contract of barley traded up 1%.

Farmers advised against distress sale of paddy in Kothagudem (Telangana).
Ram Gopal Yadav (9 years ago)

Paddy farmers of establishing purchase centres within their reach and advised them against making a distress sale of paddy to the middlemen and reviewing arrangements for lifting paddy with officials of Civil Supplies department, rice millers, market committee secretaries. Civil Supplies officials to equip the paddy purchase centres with instruments that measure moisture content in paddy, scales. Rice millers to mill the paddy and supply fine rice to the social welfare hostels and government schools and 45 paddy purchase centres were being established in the district.

Japan offers to buy 117,689 tonnes food wheat via tender.
Ram Gopal Yadav (9 years ago)

Japan is seeking to buy a total of 117,689 tonnes of food quality wheat from the United States, Canada and Australia in a regular tender that will close late on March23. Japan keeps a tight grip on imports of the country most important staple after rice and buys the majority of the grain for milling via tenders typically issued three times a month. (Source: Reuters)