Business Standard

Sowing hope: Nearly 54% jump in early wheat planting, shows data

However, this year, traders and market sources are hopeful that there could be a 10-15 per cent rise in wheat acreage

Photo: Bloomberg

The current market price is much more than even the revised MSP for the next season, which will start in April 2023

Sanjeeb Mukherjee New Delhi
Wheat sowing for the rabi season has started on a healthy note and this should augur well for a government struggling to replenish its inventories. Though the new crop will start arriving in the markets only from the first week of April, a strong start to the sowing season portents well for the days to come.

According to initial data from the department of agriculture, wheat has been sown in around 54,000 hectares till October 28. This is 54 per cent more than the same period last year. In total, wheat is sown in around 30.5 million hectares of land in

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First Published: Oct 28 2022 | 6:05 PM IST

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