This is likely to allay fears about shortage of the grain pushing the retail prices higher.
Wheat prices have remained elevated for more than a year now, although the prices have eased a tad in the last couple of months due to a series of steps taken by the government, including aggressive open market sales and imposition of stock limits.
Prolonged cold wave conditions prevailing in north India and the absence of the dreaded yellow rust disease are expected to boost the standing wheat crop, Gyanendra Singh, director of Karnal (Haryana)based Indian Institute of Wheat and Barley Research (IIWBR).
This story is from the January 22, 2024 edition of Financial Express Mumbai.
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This story is from the January 22, 2024 edition of Financial Express Mumbai.
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