India: Wheat production may face terminal heat stress again
Wheat
India
Published Mar 1, 2023
Tridge summary
Heat waves during March last year had forced the government to ban wheat exports to ensure food security in the country
Original content
Wheat output may again face "terminal heat stress" which could result in lower production than official estimates, India Ratings on Tuesday said, expressing concern over production of the foodgrain amid prevailing warmer than usual temperatures in February. . Besides, the government has begun offloading wheat in the open market to curb price rise. “Prevailing temperature so far in February 2023 is again higher than the normal and is indicating that wheat production, like 2022, may again face ‘terminal heat stress’. This may result in the wheat output falling to 107.7 million tonnes (MT) as against the second advance estimate of 112.2MT," India Ratings said in a statement. On average, the maximum temperature in Punjab, a key wheat-growing area, has been 4°C to 5°C higher than the normal during 17-23 February 2023, the ratings agency warned. Notably, Consumer Price Index (CPI) inflation accelerated to a three-month high in January driven by a spike in food prices. Inflation based on ...
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