# India Wheat Auctions Weigh on Prices While Global Wheat Market Softens — CMB News

> India's expanded government wheat auctions eased domestic spot wheat prices by roughly US$0.63-0.74 per quintal in selected markets. CBOT wheat settled near 603-604 USc/bu from October 30 to November 1 while Black Sea and European export quotes were slightly weaker.

- Date: 2026-11-02 · published 2026-11-02T09:06:01.011Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/75191-india-wheat-auctions-weigh-on-prices-while-global-wheat-market-softens-cmb-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Larger Indian tender volumes add availability in a well-supplied market, reinforcing a soft global wheat tone. Feed wheat demand from India may be affected but the effect on world prices is limited.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-11-10 | [India's wheat import tariff weighs on prices for Black](https://feedsoft.ai/events/67961-india-s-wheat-import-tariff-weighs-on-prices-for-black.md) | +0.9% | +1.0% |
| WHEAT | 2023-01-26 | [India to release 3 mil mt wheat from government stocks to rein in prices \| S&P Global](https://feedsoft.ai/events/37760-india-to-release-3-mil-mt-wheat-from-government-stocks-to-rein-in-prices-s-and.md) | +3.7% | +2.0% |
| WHEAT | 2019-05-13 | [FCI Has Too Much Wheat: Either It Must Revise Prices, Or Auction Stocks](https://feedsoft.ai/events/59032-fci-has-too-much-wheat-either-it-must-revise-prices-or-auction-stocks.md) | -0.4% | +4.7% |
| WHEAT | 2026-08-24 | [India allows exports of some categories of wheat and wheat flour, govt notice says \| MarketScreener Australia](https://feedsoft.ai/events/17883-india-allows-exports-of-some-categories-of-wheat-and-wheat-flour-govt-notice.md) | -0.4% | +2.1% |
| WHEAT | 2026-06-29 | [Russia Extends Zero Wheat Export Duties, Pressuring Black Sea and Polish Grain Prices — CMB News](https://feedsoft.ai/events/14109-russia-extends-zero-wheat-export-duties-pressuring-black-sea-and-polish-grain.md) | +0.6% | +4.4% |
| KWHEAT | 2026-07-28 | [India Reopens Its Wheat Gates](https://feedsoft.ai/events/18292-india-reopens-its-wheat-gates.md) | -1.6% | +2.9% |
| KWHEAT | 2026-07-26 | [Global wheat rally revives India's export prospects as government allows 5 million tonnes of wheat exports after a four-year ban - The Economic Times](https://feedsoft.ai/events/18287-global-wheat-rally-revives-india-s-export-prospects-as-government-allows-5.md) | -5.1% | +1.5% |
| KWHEAT | 2026-02-13 | [After 4 years, India allows wheat export \| India News - The Indian Express](https://feedsoft.ai/events/20587-after-4-years-india-allows-wheat-export-india-news-the-indian-express.md) | +3.3% | +11.7% |

## Sources

- commodity-board.com: https://commodity-board.com/india-s-wheat-auctions-cool-domestic-prices-as-global-markets-stay-soft

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