India’s wheat, pulses output seen rising, to curb imports

India’s production of wheat and pulses is expected to jump in 2018 as a hike in the government’s assured purchase prices and ample rainfall have prompted farmers to plant more of the winter crops, industry officials told Reuters.

Higher production will help the south Asian country reduce imports of pulses in the 2018/19 fiscal year starting 1 April and could allow it to avoid buying overseas wheat for the first time in three years.

“Given the better realisation there should be at least a 5% rise in wheat sowing,” said Harish Galipelli, head of commodities and currencies at Inditrade Derivatives & Commodities.
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