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India's government set the 2026-27 rabi wheat procurement target at 30.3 million tonnes after a meeting of state food secretaries. Officials also cited projected FCI stocks of about 18.2 million tonnes and an earlier clearance of 2.5 million tonnes of wheat exports.
Large government procurement and comfortable state stocks reduce the chance of domestic shortage, leaving little direct price support for wheat.
thehindu.comPTIMar 7, 2026After 137 past neutral policy events, Wheat (SRW) moved a median -0.4% over 5 sessions (43% higher; middle half -1.9% to +1.2%), 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.
