Weekly Review - Wheat
17-Jan-2026 08:02 PM
Wheat Prices Fluctuate According to Demand and Supply
New Delhi: The Food Corporation of India (FCI) restarted the Open Market Sale Scheme (OMSS) for wheat on January 14th with an offer to sell one lakh tonnes, after it had been suspended in December. Millers and processors showed good interest in purchasing wheat under the e-auction in January, and the process is expected to continue. Wheat supply in open markets is almost normal.
Demand/Supply
During the week of January 10-16, wheat prices fluctuated according to demand and supply, showing both increases and decreases in different regions. In Delhi, prices fell by Rs. 30 to Rs. 2850/2870 per quintal. In Rajkot, Gujarat, and Dewas, Madhya Pradesh, wheat prices decreased by Rs. 100 per quintal. A decline of Rs. 40 was also observed in Kota, Rajasthan.
Madhya Pradesh
On the other hand, wheat prices increased by Rs. 25 to Rs. 100 per quintal in Indore, Dabra, and Ujjain in Madhya Pradesh. Prices also generally increased by Rs. 65 to Rs. 70 per quintal in Uttar Pradesh markets. The Jalna market in Maharashtra remained stable.
Sowing
Sowing of wheat, the most important food grain of the Rabi season, has been completed, and the production area has increased by 6.13 lakh hectares from 328.00 lakh hectares last year to 334.17 lakh hectares this year, which is about 22 lakh hectares more than the five-year average area of 312.35 lakh hectares.
MSP
The government has increased the Minimum Support Price (MSP) for wheat by Rs. 160 to Rs. 2585 per quintal. Due to the increase in sowing area and favorable weather conditions, wheat production is expected to reach a new record level this year.
Arrivals
During the week of January 10-16, daily wheat arrivals in Delhi were recorded between 3,000 and 6,000 bags. Meanwhile, in a significant development, the central government has permitted the export of 500,000 tonnes of wheat products by millers/processors, which is expected to strengthen wheat prices somewhat.