Market Prospects Set to Improve Following Doubling of Wheat Export Quota

21-Apr-2026 10:48 AM

New Delhi. Farmers are deeply concerned, distressed, and agitated as wheat prices in key wholesale markets across major producing states have plummeted below the Minimum Support Price (MSP). In light of this situation, the Central Government has taken a precautionary measure by deciding to approve an additional increase of 2.5 million tonnes in the wheat export quota for June.

With this addition, the total wheat export quota will rise to 5 million tonnes. It is pertinent to note that the government had already announced an export quota of 1 million tonnes for wheat products. This move is expected to lead to some improvement in market prices for wheat.

Although a high-level inter-ministerial committee has already approved the proposal to double the wheat export quota, a formal notification from the Directorate General of Foreign Trade (DGFT) is still pending. It is understood that this notification is likely to be issued shortly.

According to high-ranking sources, this decision was taken following a comprehensive assessment of the current production status, stock availability, and price trends.

It is noteworthy that in 2022, following a surge in domestic market prices, the government had imposed a ban on the commercial export of wheat and its value-added products; however, shipments to certain countries continued at the government-to-government level.

In a statement issued on April 20, the Union Ministry of Food stated that the government has sanctioned an additional export quota of 2.5 million tonnes of wheat to ensure that farmers receive remunerative prices for their produce. The country currently holds adequate stocks of wheat.