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1. Putting to rest all speculations about a possible decline in wheat production, the Indian Government said on Monday that the country is set to harvest a record 115.43 million tonnes (mt) of the grain this year. This is higher than its target of 115 mt and up from 113.29 mt—also a record—in the 2023-24 crop year (July-June).
2. Physically-backed gold exchange-traded funds (ETFs) saw investments increase to a 34-month high in February, totalling $9.4 billion with positive inflows in North America and strong demand in Asia, the World Gold Council (WGC) said.
3. Green papaya cultivated by tribal women farmers in remote locations of Odisha will now find themselves on the dining tables of London citizens. Grown by a group of 14 women farmer members of the Saptasajya Agro Producer Company of Dhenakal in Odisha, it is the first-ever shipment by an FPO in Odisha to London.
4. The All India Sugar Trade Association (AISTA) lowered its sugar production estimates by 0.72 mt from its first estimate after reviewing the progress of the current crushing operation. The Indian Sugar and Bio-Energy Manufacturers Association (ISMA) has lowered its sugar production estimate to 26.4 million tonnes (mt), mainly because of reduced sugarcane yield in Maharashtra and Karnataka.
5. The government plans to procure over 32 lakh tonnes of pulses at minimum support price (MSP) under the price support scheme (PSS) in the ongoing rabi 2025 marketing season. The sanctioned quantity for procurement under PSS by the Agriculture Ministry for gram (chana), the main pulse crop for the season, is over 21.64 lakh tonnes, followed by masur (lentils) of over 9.40 lakh tonnes, about 90,108 tonnes of urad and 13,575 tonnes of moong.
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