# FY23 wheat stock may be robust despite exports, free grain scheme extension | Economy & Policy News - Business Standard

> Business Standard reports that record Indian wheat exports have raised questions about central pool stocks if FY23 procurement falls short of target. Experts say the central pool would still exceed the 7.5 million tonne requirement even in a worst case, but traders warn stocks could tighten if free grain schemes extend beyond September with another Covid wave.

- Date: 2022-03-30 · published 2022-03-30T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/42251-fy23-wheat-stock-may-be-robust-despite-exports-free-grain-scheme-extension
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Concern about domestic stock levels could make India less willing to sell more wheat abroad, which would limit supply and support world prices. Experts consider the stock risk limited for now.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-12-21 | [India's agri exports may stay flat in FY24 due to ban on wheat, rice, sugar \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/32644-india-s-agri-exports-may-stay-flat-in-fy24-due-to-ban-on-wheat-rice-sugar.md) | +0.7% | +1.5% |
| WHEAT | 2016-12-10 | [Scrapping wheat import duty may hit farmers hard \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/73452-scrapping-wheat-import-duty-may-hit-farmers-hard-economy-and-policy-news.md) | +1.1% | +2.0% |
| WHEAT | 2022-07-07 | [After wheat, India now curbs the export of wheat flour and related products \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/40462-after-wheat-india-now-curbs-the-export-of-wheat-flour-and-related-products.md) | -5.1% | -4.3% |
| WHEAT | 2022-11-10 | [Soaring wheat prices in India likely to prompt price-cooling measures: Govt \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/38633-soaring-wheat-prices-in-india-likely-to-prompt-price-cooling-measures-govt.md) | +1.3% | -8.6% |
| WHEAT | 2024-01-13 | [No proposal to lift export curbs on wheat, rice, sugar, says Piyush Goyal \| Agriculture - Business Standard](https://feedsoft.ai/events/32107-no-proposal-to-lift-export-curbs-on-wheat-rice-sugar-says-piyush-goyal.md) | +0.9% | -1.1% |

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/fy23-wheat-stock-may-be-robust-despite-exports-free-grain-scheme-extension-122033001153_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.