# Wheat prices to remain range-bound - The HinduBusinessLine

> India is projected to harvest a record 107 million tonnes of wheat in 2019-20, about 40% above the 10-year average. Wheat prices have fallen 17.5% over six months and are expected to hover near the minimum support price with slight downside risk.

- Date: 2020-08-09 · published 2020-08-09T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/51561-wheat-prices-to-remain-range-bound-the-hindubusinessline
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Ample Indian supply and large government stocks cap domestic wheat prices and reduce import demand, which is mildly bearish for global wheat prices.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-09-17 | [India's rice stocks hit record, wheat at four-year high - The HinduBusinessLine](https://feedsoft.ai/events/22817-india-s-rice-stocks-hit-record-wheat-at-four-year-high-the-hindubusinessline.md) | +0.4% | +1.3% |
| WHEAT | 2019-10-08 | [The increase in wheat prices reduces demand](https://feedsoft.ai/events/5902-the-increase-in-wheat-prices-reduces-demand.md) | +4.5% | +2.1% |
| WHEAT | 2019-09-15 | [India’s mountain of grain is set to implode - The HinduBusinessLine](https://feedsoft.ai/events/57018-india-s-mountain-of-grain-is-set-to-implode-the-hindubusinessline.md) | +2.1% | +1.2% |
| WHEAT | 2026-03-09 | [India’s wheat output pegged at record high 120 mt on higher acreage, conducive weather - The HinduBusinessLine](https://feedsoft.ai/events/20138-india-s-wheat-output-pegged-at-record-high-120-mt-on-higher-acreage-conducive.md) | +0.6% | -2.0% |
| WHEAT | 2026-05-27 | [India’s foodgrain production up 5% in 2025-26 crop year - The HinduBusinessLine](https://feedsoft.ai/events/19229-india-s-foodgrain-production-up-5-in-2025-26-crop-year-the-hindubusinessline.md) | -2.7% | -1.2% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/todays-paper/tp-investmentworld/article32313170.ece

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