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India's Food Corporation of India will offer 1.99 lakh tonnes of wheat at its weekly e-auction on November 4, nearly double the previous auction on October 28. Wheat quotas were raised for Punjab, Haryana, Uttar Pradesh and several other states.
Higher government wheat releases add domestic supply to millers and processors, which could cap Indian wheat prices and ease feed-grade wheat demand. The effect on global wheat prices is likely limited.
lokmat.comऑनलाइन लोकमतNov 2, 2026After 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.
