FCI Wheat purchases top 27 mt as arrivals pick up.

As market arrivals increase, Government agencies such as the Food Corporation of India (FCI) have stepped up the procurement of wheat. Total purchases of the cereal, so far in the 2018-19 marketing season, have exceeded 27 million tonnes (mt), about 12.5 per cent higher than in the corresponding period last year. The Centre is targeting a procurement of 32 mt in the current year, higher than last year’s 30.82 mt.