The wheat prices are expected to remain high in the coming weeks due to a combination of factors. While the government is offering wheat for sale under the Open Market Sale Scheme (OMSS), the quantity is far below the demand from millers and processors.

This, coupled with limited wheat arrivals in key wholesale markets, is contributing to the upward price movement.

Although wheat sowing has increased by about 4-5 lakh hectares compared to last year, with favorable weather conditions in most parts, especially in northwestern states, there are concerns regarding the delayed sowing in Punjab-Haryana. This could affect the yield, although favorable weather in the coming months might improve productivity.

The price of wheat is rising in major markets like Delhi, Indore, Kota, and Shahjahanpur, surpassing the government support price, making it unlikely for prices to drop significantly in the near future.

The central government’s limited wheat stock further restricts its ability to intervene and stabilize prices. The arrival of new wheat in March may have some effect on prices, but it's uncertain whether it will significantly reduce the current high levels.