India procures 29 million tonne of wheat so far in FY18, up 27% on year.

The government has procured 29 million tonne of wheat so far in the 2017-18 marketing year that started April, up 27% from a year ago. With wheat supplies coming to an end in most states, the government is likely to miss its procurement target of 33.0 million tonne and may end up buying around 29.5 million tonne. Procurement has already ended in Haryana 7.4 million tonne. In Madhya Pradesh 6.5 million tonne has been bought. In Uttar Pradesh 2.3 million tonne of the grain has been purchased.