India Govt FY19 wheat procurement rises 16% YoY to 35.5 mln tn.

Government’s wheat procurement for the current year started April has topped 35.0 mln tn, up 15.8% on year. The Centre has so far purchased 35.5 mln tn wheat during the current marketing year, against a target of 32 mln tn. In Punjab, the government has purchased 12.7 mln tn wheat so far, while the target was 11.9 mln tn.In Haryana, 8.7 mln tn wheat has been purchased against the target of 7.4 mln tn. In Madhya Pradesh, another major wheat producing state, the procurement was 8.4% higher on year at 7.3 mln tn. The procurement was 42.8% higher on year in Uttar Pradesh at 5.1 mln tn.