Excellent Wheat Sowing Affects Market Prices

15-Dec-2025 08:58 PM

New Delhi. The Food Corporation of India (FCI) wants to sell a large quantity of wheat from its stock under the Open Market Sale Scheme (OMSS), but it is not finding buyers, so it has temporarily suspended the scheme.

Wheat is arriving in normal quantities in domestic wholesale markets because strict stock limits are forcing traders/stockists to release their stocks into the open market.

Millers and processors have stocks of this important food grain, while its price in wholesale markets has fallen to around the Minimum Support Price (Rs. 2425 per quintal).

An important fact is that Indian farmers are showing tremendous interest in wheat cultivation this time, leading to a significant increase in the area under cultivation.

Since weather conditions are normal and there is sufficient water in dams and reservoirs, the production of this most important food grain of the Rabi season is once again expected to increase rapidly and reach a new record level.

This has started to have a psychological impact on the domestic market. The government also has surplus wheat stocks, which can be used to meet market demand at any time.

The Food Corporation had allocated a quota of 30 lakh tonnes of wheat for sale under OMSS, but in two auctions, it managed to sell only about 1.50 lakh tonnes against a total offer of 4 lakh tonnes.