# Central government's big decision to keep wheat prices under control; FCI doubles wheat sales

> 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.

- Date: 2026-11-02 · published 2026-11-03T00:17:45.093Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/76554-central-government-s-big-decision-to-keep-wheat-prices-under-control-fci
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

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.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-07-10 | [Government to resume wheat sale from FCI stock; may take a call on lifting ban in rice exports - Times of India](https://feedsoft.ai/events/29224-government-to-resume-wheat-sale-from-fci-stock-may-take-a-call-on-lifting-ban.md) | -4.1% | -2.7% |
| WHEAT | 2026-10-20 | [Government lifts ban on wheat exports, cites farmers’ interests amid depressed local prices – Waqt Di Awaz](https://feedsoft.ai/events/17085-government-lifts-ban-on-wheat-exports-cites-farmers-interests-amid-depressed.md) | -0.7% | — |
| WHEAT | 2017-11-08 | [India doubles wheat import tax, imposes 50 per cent tax on peas - Grainews](https://feedsoft.ai/events/67953-india-doubles-wheat-import-tax-imposes-50-per-cent-tax-on-peas-grainews.md) | +1.2% | +1.3% |
| WHEAT | 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) | -2.4% | +2.9% |

## Sources

- lokmat.com: https://www.lokmat.com/business/news/central-governments-big-decision-to-keep-wheat-prices-under-control-fci-doubles-wheat-sales-a732/

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