Tuesday, December 25, 2012

Epic Agri Commodity Update :Domestic Grain Procurement Hits Record



A record procurement of foodgrains has been noted in the current year, according to a latest update from the Ministry of Food Processing Industries. In Rabi Marketing Season (RMS) April-March 2012-13, record quantity of 381.48 lakh tonnes wheat was procured. During Kharif Marketing Season (KMS), October 2011- September 2012, 350.36 lakh tonnes of rice was procured for the central pool. During the ongoing KMS 2012-13 as on 14-12-2012, 138.62 lakh tonnes of rice has already been procured which is 5.5% higher than the quantity procured during the same period of previous KMS.
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