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FCI Wheat and Rice Stock In India: Another unhealthy information is popping out within the midst of rising inflation within the nation. There has been a gradual enhance within the costs of meals grains in India. In September 2022, the meals grain inflation has reached the best degree of 105 months. At the identical time, the grain inventory of the nation is at a low degree of 5 years. The greatest concern is that the inventory of wheat within the godowns of the Food Corporation of India (FCI) has remained the bottom within the final 6 years. This is just a bit greater than the minimal buffer degree.

see how a lot is inventory 

how a lot is wheat storage 

how a lot is the inventory of rice 

The inventory of rice was virtually 2.8 instances greater than the required ranges. That is why the general grain inventory place in FCI godowns is healthier as in comparison with 4 years in the past. But regardless of the rise in inflation in September, the largest concern is the shortage of storage of meals grains. In September, the inflation price of cereals and cereal merchandise‍merchandise stood at 11.53 per cent. This is the best annual price for cereals.

elevated value of flour 

Wheat costs within the world market

There has been a fall within the costs of wheat within the worldwide market. On the Chicago Board of Trade Exchange, the benchmark wheat futures contract fell from a report $12.94 per bushel on March 7 to $7.49 on August 18. 

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