THE WHEAT SUMMIT 2025
26-Sep-2025 06:10 PM
THE WHEAT SUMMIT 2025
★ WASDA organized The Wheat Summit in Mumbai, where major stakeholders from the wheat industry participated.
★ Several industry leaders shared their views on stage.
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Ajay Goyal, Shivaji Roller Flour Mill
★ Government interference in wheat is high — during procurement, the government thinks of farmers, and during the season, it thinks of consumers.
★ Prices are kept high at the time of sowing to encourage more acreage.
★ If policy changes occur midway, the entire supply chain gets disturbed. The government needs to frame a stable policy.
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Sanjeev Asthana, Patanjali
★ Food security is not a major issue for the country, but inflation is a big concern.
★ The government must consider the interests of all stakeholders while making regulatory changes.
★ At this time, stock limits need to be reconsidered. It is also the government’s responsibility to safeguard the industry.
★ Any wrong step in between affects supply-demand dynamics.
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Ashok Dalwai
★ Production, demand, and trade all depend on government policies, and so does the market.
★ The wheat sector should focus not only on the domestic market but also on international markets.
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S.K. Singh, Ex-AMD NAFED
★ Creating a buffer stock of pulses by the government was a very good step.
★ The market has undergone major changes in the past 10 years.
★ In 2017, import duties were imposed on pulses to protect farmers’ interests, but in 2021 the market was completely opened.
★ Purchases that were 0.5–0.6 MMT in the past have now crossed 2 MMT, benefiting farmers.
★ In 2015, pulse imports reached 6.3 MMT, after which the market fell. By 2025, imports again reached the same level.
★ Without imports, controlling prices would have been difficult.
★ Currently, production, demand, and consumption are balanced, but more work is needed to reduce dependence on imports.
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Somnath Chatterjee, IPC
★ There is strong demand for flour, maida, and semolina in the country.
★ A good monsoon will positively impact the upcoming rabi crop.
★ Both the government and traders have adequate wheat stocks in the open market.
★ Weekly wheat stock reporting is a good idea, but stock limits need to be reconsidered.
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Kedar Deshpande, NCDEX
★ The government banned wheat futures trading.
★ By imposing stock limits, it gives the impression that the government does not trust traders.
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Naveen Chitlangia, President, Roller Flour Mill Federation of India
★ In the past two years, wheat has experienced sharp volatility due to global supply-demand disruptions.
★ The government provided relief to consumers by removing GST.
★ The government should allow exports of wheat products like flour, maida, and semolina.
★ If required, it can still restrict the export quantity.