Wheat Market � Will Wheat Prices Rise?
Last night, the government removed the stock limit imposed on wheat. Yes, the central government has decided to withdraw the stock limit that was imposed on 27 May 2025, which was originally aimed at controlling prices and ensuring adequate wheat availability during the upcoming festive season. However, all wheat traders and institutions will still be required to report their stock details every Friday on the government portal. According to official data, private companies currently hold 8.1 million metric tonnes of wheat, which is 3 million metric tonnes more than last year, indicating a strong supply position in the country. Additionally, the wheat cultivation area has increased to 33.417 million hectares, reflecting farmers� growing confidence in MSP and raising expectations of another good harvest. The government has also clarified that it has sufficient wheat reserves for PDS and other welfare schemes. Therefore, there is no possibility of wheat shortage during the festive season, and the government is fully prepared to intervene in the market if required. Due to this decision, wheat prices may see a mild increase of ₹20�30. Since consumption demand remains steady, a major price decline is unlikely at this stage. For the next few days, the market is expected to trade within a ₹25�50 range of fluctuations. Future price movements will largely depend on the arrival of fresh wheat. At present, new wheat arrivals have begun at a few locations in Gujarat and Maharashtra. Moreover, 3�4 wheat auctions under the OMSS scheme are still pending, which makes a sharp price rise difficult in the near term. Traders are advised to keep a close watch on the market.