Wheat Export Opportunity: India

Wheat Export Opportunity: India

 

Wheat Export Opportunity – Today Current Affairs

  • Russia-Ukraine conflict may give India an opportunity to export more wheat to global markets.

Key points:

  • More than one-fourth of the world’s wheat is exported by Russia and Ukraine.
  • Russia is the world’s largest exporter of wheat, accounting for over 18% of international exports.
  • Russia and Ukraine exported more than one-fourth (25.4%) of the world’s wheat in the year 2019.
  • Russia > United States > Canada > France > Ukraine are among the top five countries that export the highest dollar value of wheat.
  • Egypt is the largest importer of wheat in the world.
  • Turkey procures maximum wheat from Russia and Ukraine, 74% of Turkey’s imports in the year 2019 were from these two countries.
  • India is the second largest producer of wheat with a share of about 13.5 percent of the world’s total wheat production.
  • India produces about 107.59 metric tonnes of wheat annually, while a major portion of it is used for domestic consumption.
  • India’s contribution to world wheat exports is less than 1%. However, its share was 0.14% in the year 2016, which has increased to 0.54% in the year 2020.
  • India’s central pool currently stands at 24.2 million tonnes, which is more than twice the buffer and strategic requirements.

Today Current Affairs

Key points related to wheat:

  • It is the second most important food grain crop in India after rice.
  • It is the main food grain crop of the north and north-western part of the country.
  • Wheat is a Rabi crop which requires cool weather and strong sunlight during ripening.
  • The success of the Green Revolution contributed to the development of Rabi crops especially wheat.
  • Macro Management Mode for Agriculture, National Food Security Mission and Rashtriya Krishi Vikas Yojana are some of the government initiatives to support wheat cultivation. The Hindu Analysis.
  • Temperature: Between 10-15 °C (at sowing) and 21-26 °C (at maturity and harvesting) with strong sunlight.
  • Rainfall: 75-100 cm.
  • Soil Type: Well drained fertile loam and clay loam (Ganga-Sutlej plain and black soil region of Deccan).
  • Top Wheat Producing States: Uttar Pradesh> Punjab> Haryana> Madhya Pradesh>> Rajasthan> Bihar> Gujarat.

In this article we mention all information about Wheat Export Opportunity  Today Current Affairs.

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