Government stock can remove the complexity of supply and availability of wheat

04-Apr-2025 04:48 PM

ЁЯУК Wheat Stock & Procurement Trends in India ЁЯМ╛

тЬЕ Govt. Estimates vs Industry Predictions

  • Govt. Projection: ЁЯМЯ Record-high 1,154 lakh tonnes (2024-25)

  • Industry Estimates: Vary widely from 960 - 1,100 lakh tonnes

тЬЕ Procurement Target ЁЯОп

  • Govt. Target: 313 lakh tonnes of wheat

  • Expected Success: ЁЯМЯ Confident due to higher MSP + state bonuses

  • States Offering Extra Bonuses:

    • Madhya Pradesh: тВ╣175/quintal

    • Rajasthan: тВ╣150/quintal

тЬЕ FCI Wheat Stocks ЁЯУж

  • April 1, 2025: 124 lakh tonnes (ЁЯУИ 65% higher than last year!)

  • If procurement succeeds: ЁЯУМ Govt. will have ample stock to stabilize markets

ЁЯТб Market Outlook & Price Trends

ЁЯУЙ Short Term: Prices soft due to strong arrivals (April-June)
ЁЯУИ Post-June: Expected price increase as supply pressure eases