During the August-September period, the wheat arrivals in India across various Agriculture Produce Marketing Committee (APMC) yards advanced to a 12-year-high.
As per the news report published in BusinessLine, it rose by 57 per cent to 2.27 million tonnes (MT) against 1.44 MT during the same period last year.
It must be noted that recently, the government said that there is sufficient food grain stock available in the country and the prices of wheat, atta and rice are under control. The ministry said that wheat and rice reported a decrease in retail and wholesale prices and the prices of atta remained stable. The government said it had taken proactive steps to avoid any further price rise and export regulations were imposed in the case of wheat and rice.