Punjab: Total 125.75 LMT wheat procured as season ends

Chandigarh: As the wheat procurement season has officially ended today, the total wheat procured so far is 125.75 lakh metric tonnes (LMT), reports Tribune India.

The government had initially set a target to procure 132 LMT of wheat this year but the target was revised after the unfavorable weather threatened the wheat production.

The total wheat production this year after the end of the rabi marketing season is estimated at 166 LMT, up from 148 LMT in 2022. The yield has increased to 47.25 quintals per hectare this year from last year’s 42.88 quintals per hectare.

Of the total 125.75 LMT of wheat procured this year, the government agencies have procured 121.07 LMT, up from 96.29 LMT last year. The private procurement dropped from 6.36 LMT to 4.68 LMT.


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