Hindustan Times ST (Jaipur)

Planting of wheat gathers momentum, acreage up 9.7%

- Reuters

NEW DELHI/MUMBAI: Farmers have planted wheat on 4.5 million hectares since October 1, when the current sowing season began, up 9.7% from a year ago, the latest data from the farm ministry showed on Friday.

The Ministry of Agricultur­e & Farmers’ Welfare will keep updating the provisiona­l crop sowing figures as it gathers more informatio­n from state government­s.

Wheat is mainly produced in the northern states of Punjab, Haryana, Uttar Pradesh and the central state of Madhya Pradesh.

The planting figures are also subject to revision depending on weather conditions.

Late rains in October and November raised soil moisture levels and helped farmers bring in more area under wheat, the main winter crop, according to growers.

India grows only one wheat crop in a year, with planting in October and November, and harvests from March.

India, the world’s second-biggest wheat producer, was forced to ban exports of the staple in May this year, after a sudden rise in temperatur­es in March cut crop yields. Despite the ban, wheat prices have soared to a record high, prompting the government to weigh measures such as the release of state reserves into the open market while axing the 40% tax on imports to cool prices.

Sowing of rapeseed, the main winter-planted oilseed reached 5.5 million hectares, up from 4.8 million hectares a year ago, according to the farm ministry.

Higher rapeseed output will help India to cut expensive purchases of edible oils from Malaysia, Indonesia, Brazil, Argentina, Russia and Ukraine.

In the fiscal year to March 31, 2022, New Delhi spent a record $18.99 billion to import vegetable oils, prompting Prime Minister Narendra Modi to voice concerns about country’s rising vegetable oil import bill.

As part of efforts to reduce India’s dependence on edible oil imports, New Delhi has granted environmen­tal clearance for indigenous­ly developed geneticall­y modified mustard seeds, part of the rapeseed family.

 ?? BLOOMBERG ?? The planting figures are subject to revision.
BLOOMBERG The planting figures are subject to revision.

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