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Will Govt have enough wheat for Public Distribution System (NFSA), Midday Meals & other regular welfare schemes including Pradhan Mantri Garib Kalyan Anna Yojana ?

Will Govt have enough wheat for open market sales to flour mills ?

Will we see #wheat #atta prices spike ? Image
With #wheat opening stocks of 19 million ton (MT) & expected procurement of 18.5 MT, Govt will have 37.5 MT of wheat available for 2022-23. We take out the Min buffer Stock for March 31, which is 7.5 MT, it will leave 30 MT available for sale from government godowns this fiscal.
Govt requires 26 million ton (MT) to run Public Distribution System, Midday Meals & other regular welfare schemes, 5.4 MT for Pradhan Mantri Garib Kalyan Anna Yojana scheme for April-Sept 2022; this alone comes to 31.4 MT, which is more than what the Govt will b holding this year
Meeting even this requirement will not be easy, leave alone supplying to millers and other bulk consumers to moderate open market prices during the lean months after October. In 2020-21 & 2021-22 open market sales to flour mills were 2.5 million ton (MT) and 7.1 MT, respectively.
So, the inference is that:-

~#wheat #atta prices will firm up in the coming days.

~the rhetoric of India feeding the world was pre-mature & childish.

~Govt failed to access the ground reality w.r.t the 15~20% loss in wheat yields due to the sudden temperature spike in March

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More from @ramanmann1974

Apr 19
Thread

Can we export #wheat

There is 10~15% #wheat yield loss in Punjab, Haryana, UP & MP, due to weather anomalies; wheat to mustard acreage shift & farmers holding back crop & exports; Seems, Govt procurement target of 44 million tons will fall short by around 10 million tons
#Haryana has set a target of 85 lakh ton #wheat procurement, but in the first 17 days, State mandis have witnessed nearly 20% less wheat arrival compared to last year. #Punjab has a target of 130 lakh ton, but reliable sources say procurement would likely be around 100 lakh tons.
Govt position is that "India's new season #wheat harvest is underway, with this year's production at a record 111.32 million tons-making it the 6'th season in a row that India has produced a surplus. But, it seems nobody factored yield loss of 10~15% i.e. at least 11 million tons
Read 9 tweets
Apr 19
Thread
👇
Reality of Doubling #Farmers Income by Modi Govt by 2022

Dalwai committee formed to double farmer's income ,talked about ‘real’ growth in farmer income & calculated that this would require an annual avg of 10.4% growth in income for 7 years, starting with 2015-16 base.
The #farm household’s avg monthly income of ₹8,059 in 2015-16 is an “extrapolation” of the Situation Assessment Survey (SAS) of 2012-13. The extrapolation was done by the Ashok Dalwai-headed committee (DFI committee) constituted in 2017 to suggest how to double #farmers’ income.
Economic Survey 2021-22, indicated that the avg monthly income per #agricultural household in the country stood at Rs 10,218 in 2019, up from Rs 8,059 in 2015-16, & Rs 6,426 in 2013-14, whereas #farmers income in Jharkhand, M.P, Nagaland, Odisha decreased between 2015-16 to 2019
Read 5 tweets
Apr 18
Cheeseburger in U.S, explains bigger grocery bill of American consumers. they r seeing food prices rise at the fastest rate in decades. Supply chain snarls, labor shortages & climate challenges (plus the conflict in Ukraine) share the blame, but the main culprit is #Consolidation
Beef

Beef costs 16% more Vs March 2021.

Tyson, JBS, National & Cargill have been accused of increasing prices on meat products while keeping rancher profits low, they control over 80 % of the beef supply chain.

4 companies owning 80% beef supply is "pure" consolidation guys !
Bun

US port congestion has hampered bread bakers, who were waiting longer for those products. 50 input costs had jumped by double digits as of Jan, including hikes in the prices for wheat & natural gas reqd to power ovens. this was before Ukraine crisis, a major wheat exporter
Read 12 tweets
Dec 5, 2021
Thread
👇
How, over the past 40 years, U.S food supply chain has become concentrated in hands of a few large multinationals, which serve as middlemen in everything from seed genetics to hog processing to supermarkets. Do we want such a business model in India; think hard, do we ?
~From 1975 to 2015, Market share of 4 largest beef packing firms increased from 25% to 85%.

~From 1988 to 2016, Market share of 4 largest soybean seed firms increased from 42% to 76%.

~From 1976 to 2015, Market share of 4 largest hog processing firms increased from 33% to 66% !
~From 1997 to 2018, Market share of 4 "top grocers" increased from 25% to 44%.

~~From 1988 to 2016, Market share of 4 largest corn seed firms increased from 59% to 85%.

~6 brands acct for half the global chocolate market, an asymmetrical market that favors only buyers & traders
Read 12 tweets
Nov 4, 2021
Thread

#Punjab had 2 resources, water & good soil.

The much famed #GreenRevolution messed it up.

#Farmers were encouraged to shift away from #bajra #pulses #oilseeds #chana & enter into #wheat-#paddy cycle.

For many years, Min Support Prices, assured a decent #income.

&, Now
An example to show, how the shift from other crops happened over the years
👇
In 1960-61, total area under #pulses in #Punjab was 9.03 lakh Ha with production of 7.09 lakh ton, but; in 2016-17, it dropped to 14800 Ha with production of 12,600 ton.
73% irrigation in #Punjab is done by #Tubewells

No of Tubewells:-

Early 60's=50,000
2005=11.80 Lakh
2012=12 Lakh
2021=14.5 lakh

Total Blocks=138
Over-Exploited=110

👉Avg yearly rate of fall in #GroundWater= .49 meter
👉CGWB claims that Punjab will become a desert in 25 years.
Read 5 tweets
Jul 20, 2020
Thread

Why #farmers came on road today

This started with Modi Govt setting up Shanta Kumar Committee which gave its report in Jan 2015, recommending scrapping of Bonus given to farmers over MSP, & recommending "direct cash transfers" for PDS i.e. scrapping MSP procurement & FCI
Modi Govt accepted the recommendations, & curtailed states’ power to declare bonuses for wheat & paddy over & above the Min Support Prices fixed by the Centre. So, States could not give bonus to their farmers, Punjab, Haryana, M.P farmers & others used to get bonus, which stopped
Then from 2015 to 2019, Modi Govt's institutions like @NITIAayog kept on saying in public that Min Support Procurement is unviable Mechanism, then in 2019~20 reports Commission of Agriculture Costs & Pricing started recommending restricting MSP procurement from #Punjab & #Haryana
Read 10 tweets

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