
India has doubled its wheat export quota to 5 million tonnes after an inter-ministerial committee approved an additional 2.5 mt, according to The HinduBusinessLine on 20 April 2026. A formal DGFT notification was still pending, and the 2022 export ban remains in place.
Higher permitted Indian wheat exports add supply to the global market and could pressure wheat prices, particularly if farmer selling in India also rises.
After 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.
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.