India 08-09 Local Wheat Buys So Far 19.06M Tons Vs 9.41MT Year Ago
India's wheat purchases on the local market have reached 19.06MMT, well above the government's original target of 15MMT, and more than double the amount it had managed to procure as at the same time last year.
This means that government-held buffer stocks are likely to hold well above required minimum levels removing the requirement to import foreign wheat for the foreseeable future an official source said.
This means that government-held buffer stocks are likely to hold well above required minimum levels removing the requirement to import foreign wheat for the foreseeable future an official source said.
