April 21, 2026 11:00 AM

Government approves additional 25 LMT wheat exports to support farmers, stabilise prices

The Centre has approved the export of an additional 25 lakh metric tonnes (LMT) of wheat, aiming to support farmers’ incomes while maintaining stability in domestic markets. The decision, taken after a comprehensive review of production, stock availability, and price trends, is expected to improve market liquidity and ensure efficient stock management during the peak arrival season. The Ministry of Consumer Affairs, Food & Public Distribution said the move would help prevent distress sale...

May 9, 2024 7:04 PM

Iran to import no wheat until March 2025, ministry official says

Iran will not import any wheat until March 2025 as it will rely on domestic production, the Iranian Student News Agency reported a deputy at the Agriculture Ministry saying on Thursday. "Between March 2023 and March 2024, domestic production of wheat has reached 10.5 million tons and we only needed to import 1 million tons of wheat," Alireza Mohajer said, adding that the country expects to be self-sufficient in the production of wheat for this year. Iran's domestic wheat output can vary widely...