Loading…
DGFT issued Public Notice 05/2026-27 setting out the application procedure for export authorizations covering India's 25 lakh tonne wheat export quota. Applications are open from May 1 to May 10, 2026 through the DGFT online portal, and authorizations are valid for six months and non-transferable.
India's quota formally opens a new source of wheat supply to world markets, which adds competition for Black Sea and other exporters and could cap export price gains. The effect is modest given the size relative to global trade.
thetaxcorp.inTaxCorpMay 1, 2026After 122 past bearish policy events, WHEAT moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +1.2%), and +0.4% over 20.
After 15 past bearish policy events, KWHEAT moved a median -1.6% over 5 sessions (40% higher; middle half -3.7% to +3.1%), and +3.1% 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.
