# India's Wheat Procurement at a Record High - Supply Chain Council of European Union | Scceu.org

> India's FCI has bought 38.83 million tonnes of wheat this season, 4.7 million tonnes more than last year, and officials expect purchases of 40.5 to 41 million tonnes. Guaranteed prices sit about $35 a tonne above world levels, which has blocked Indian wheat exports.

- Date: 2020-07-03 · published 2020-07-03T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/52086-india-s-wheat-procurement-at-a-record-high-supply-chain-council-of-european
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Record Indian state procurement removes wheat from the market and keeps Indian export supply out of world trade, supporting global wheat prices. Storage limits could eventually force surplus disposal, a bearish risk later.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-02-20 | [India: Wheat stocks to drop to 16-year low, Centre asks states to prepare for early procurement](https://feedsoft.ai/events/31611-india-wheat-stocks-to-drop-to-16-year-low-centre-asks-states-to-prepare-for.md) | -3.5% | -4.2% |
| WHEAT | 2020-04-16 | [Romania's wheat export ban triggers supply chain concerns in Asia/Middle East, boosts prices](https://feedsoft.ai/events/53537-romania-s-wheat-export-ban-triggers-supply-chain-concerns-in-asia-middle-east.md) | -1.8% | -2.2% |
| WHEAT | 2025-11-15 | [With inflation at record low of 0.3%, food ministry proposes lifting of export ban on wheat products \| India News - The Times of India](https://feedsoft.ai/events/21915-with-inflation-at-record-low-of-0-3-food-ministry-proposes-lifting-of-export.md) | +1.7% | +1.3% |
| WHEAT | 2025-04-27 | [India to not allow wheat export even if govt procurement exceeds target - The HinduBusinessLine](https://feedsoft.ai/events/25055-india-to-not-allow-wheat-export-even-if-govt-procurement-exceeds-target-the.md) | -0.9% | -4.3% |
| WHEAT | 2022-07-07 | [India curbs export of wheat products from July 12 \| India News](https://feedsoft.ai/events/40461-india-curbs-export-of-wheat-products-from-july-12-india-news.md) | -5.1% | -4.3% |

## Sources

- scceu.org: https://scceu.org/indias-wheat-procurement-at-a-record-high/

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