
Indian wholesale wheat prices rose from ₹2,903 to ₹2,940 per quintal between October 22 and November 12, even as the Food Corporation of India sold 2 lakh tonnes weekly under its open market sale scheme. E-auction prices fell or held steady, and traders alleged misuse of auctions by some rice mills.
Persistent wholesale strength despite government release suggests domestic wheat supply remains tight for Indian millers and feed users, supporting prices.
After 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.