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India may import 1.5 mt wheat in 2018-19: USDA report

With the domestic production of wheat projected to dip by 3 million tonnes (mt) from the official estimates of 97 mt, India may import 1.5 mt of wheat in the marketing year 2018-19, a new report prepared for the US Department of Agriculture (USDA) said.

“Despite lower planting, the (Indian) government’s preliminary estimate (2nd Advance Estimate released on February 28, 2018) forecasts 2018 wheat production optimistically at a near-record 97 mt; they expect a further increase in yield over last year’s record yield despite adverse planting conditions. However, most trade sources are currently estimating the crop in the range of 91-94 mt,” said India Grain and Feed Annual 2018 report prepared by USDA Foreign Agricultural Service staff in Delhi.

According to the USDA officials, India imported 5.9 mt and 2 mt in 2016-17 and 2017-18 respectively

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