Wheat crop may be damaged due to rise in temperature and lack of rain
29-Jan-2025 08:38 PM
It looks like wheat production in India could face some challenges this season due to rising temperatures and reduced rainfall, which is impacting soil moisture.
While the area under cultivation has increased compared to last year, favorable weather conditions are crucial for optimal growth, especially during the critical flowering and grain-setting phases.
The government's focus will likely be on managing the wheat stocks carefully, considering the rising market prices.
High wheat prices could make it harder for the government to purchase sufficient quantities for the central pool, but they will probably try to mitigate this issue in the coming months.
If there are showers in February and March, the crop condition could improve, and there could be potential for export during this period, which may help stabilize the market.
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