Ludhiana, May 8 -- Private traders have ramped up their participation in the ongoing wheat procurement season in Ludhiana, surpassing their last year's purchase even before the conclusion of the ongoing season. As per data, private traders have procured over 1.6 lakh metric tonnes of wheat so far which stood at 19.9% of total purchase, already exceeding the 1.13 lakh metric tonnes, they purchased in the entire season last year.

In contrast, government agencies are seemingly trailing behind with 6.39 lakh metric tonnes of wheat procured by them till May 6, compared to 7.1 lakh metric tonnes, last year. Among government agencies, Pungrain has led the chart by procuring 1.8 lakh metric tonnes, followed by Markfed at 1.76 lakh metric tonnes,...