
DGFT Notification No. 62/2025-26 dated February 24, 2026 permits 25 lakh metric tonnes of wheat exports while the overall policy remains prohibited. The quota is over and above earlier government-approved food security exports.
Allocation and execution details will be issued through a separate Public Notice.
The policy opens a controlled export channel for Indian wheat, which adds modest competition for Black Sea and other origins. Any price effect depends on how quickly the allocation rules are issued.
After 122 past bearish policy events, Wheat (SRW) 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.