Friday, 20 May, 2022
TopicWheat

Topic: wheat

Wheat price surges to all-time high as Russian invasion cuts off supplies from Ukraine

Ukraine and Russia together account for over a quarter of global trade of wheat. The war has closed major ports in Ukraine, and severed logistics and transport links.

India likely to start wheat aid to Kabul via Pakistan Tuesday, Afghan trucks to take 1st batch

About 30-40 Afghan trucks will be crossing over from Pakistan to India Monday night and will leave for Afghanistan after the loading of 10 MT of wheat is complete  .

Wheat exports set for record, shipments more than double over last season

India is one of the largest producers of wheat but sells little abroad. Export restrictions in Russia and surging prices across major sellers is set to make it the 9th largest shipper.

India’s wheat shipment to Afghanistan via Pakistan to begin in early February, report says

In 2021, Pakistan had allowed India to send 50,000 tonnes of wheat to Afghanistan by using its land route after the humanitarian situation worsened following the Taliban offensive.

Why farmers from Lakhimpur Kheri are unable to sell produce to govt at fair prices

Paddy, wheat farmers from Lakhimpur Kheri noted they are often forced to sell their produce to commission agents as government officials cite various excuses to avoid buying their produce.

‘White foods’ are invading India’s breakfast menu. So are chronic illnesses

India's bakery market is expected to grow 8.5% to reach more than $12 billion by 2026. But evidence is also building up against refined foods as producing more harm than good.

Usual laggard Bihar stuns with record wheat procurement this time, UP performs well too

Record-breaking wheat procurement by states like Bihar and UP, among others, has forced the central government to revise the wheat procurement target.

MSP wheat purchase this season hits all-time high as Punjab, Haryana exceed targets

By 2 June, a total of 411.12 LMT of wheat had been procured at MSP across India, an all-time high. The last rabi procurement season culminated with a purchase of 389.92 LMT wheat.

It’s not all bad news in Covid. India’s farm exports soared to 6-year record high. Here’s how

National agricultural commodity export grew by nearly 25% over $15.9 billion in 2019-20. This was driven by rice & wheat exports that touched record high of almost 20 MT in 2020-21.

Punjab and Haryana set to surpass wheat procurement targets with days to spare

As of 9 May, Punjab has procured 128.66 LMT of wheat while Haryana has so far secured 80.76 LMT. The procurement season will last until 15 May in Punjab and 25 May in Haryana. 

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PT Pertamina Balongan refinery in Indramayu, Indonesia | Representational image | Bloomberg

Asian refiners to ramp up gasoline exports to US as sky-high prices beckon

In Asia, gasoline margins have doubled to more than $33 a barrel since the end of March and have edged above those for diesel, which have eased from a peak in early May.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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