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India's all-India average wholesale wheat price rose each week from October to November, reaching ₹2,940 per quintal on November 12. This happened even though the Food Corporation of India has been selling about 2 lakh tonnes weekly through open market auctions, with traders and food companies buying FCI stock to resell at market rates.
Retail food inflation has also climbed sharply.
Sustained wholesale price gains despite government stock sales point to tight domestic supply and weak transmission of OMSS sales. Officials may need to adjust the sales mechanism, which could influence Indian wheat demand and import considerations.
thehindubusinessline.comPrabhudatta MishraNov 15, 2026After 185 past bullish policy events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.9% to +1.4%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
