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yesterday

India's Wheat Procurement Surges, Nears 31 MT Target for 2025-26

Government agencies have purchased over 22.36 million tonnes of wheat, marking a 34% year-on-year increase, driven by strong contributions from Punjab, Haryana, and Madhya Pradesh.

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Workers unload wheat sacks from a truck at the Ludhiana grain market on Monday. (Gurpreet Singh/ HT)

Overview

  • India's wheat procurement for the 2025-26 season has reached 22.36 million tonnes, achieving 84% of the 31 million tonne target set for the season.
  • Punjab leads with 8.38 million tonnes procured, followed by Haryana with 6.19 million tonnes, both surpassing last year's figures for the same period.
  • Madhya Pradesh revised its procurement target to 7 million tonnes and has already purchased 6.14 million tonnes, bolstered by a ₹175/quintal bonus for farmers.
  • Uttar Pradesh lags significantly, with only 0.64 million tonnes procured against a target of 3 million tonnes, despite being the largest wheat-producing state.
  • The agriculture ministry forecasts record wheat production of 115.3 million tonnes for the 2024-25 crop year, supported by favorable weather and increased sowing acreage.