
Increased wheat sales from government stocks are limiting price gains in India's domestic market despite strong demand from flour mills. The government has raised weekly open-market auction volumes, which has lowered prices and led mills to bid more cautiously.
Sales of government-held grain are expected to rise in coming months as authorities free up storage ahead of the new crop in March-April 2027.
Heavier government wheat sales add supply to the domestic market and cap price gains, so Indian wheat is likely to stay stable or soften locally. Feed-grade wheat and wheat-based feed ingredients could see weaker prices as government supply competes with private grain.
After 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.