{"id":12183,"date":"2025-04-17T10:05:35","date_gmt":"2025-04-17T10:05:35","guid":{"rendered":"https:\/\/shoonya.com\/blog\/?p=12183"},"modified":"2025-04-17T10:05:36","modified_gmt":"2025-04-17T10:05:36","slug":"sigh-of-relief-as-wheat-stocks-surge-57-expecting-prices-to-drop-further","status":"publish","type":"post","link":"https:\/\/shoonya.com\/blog\/sigh-of-relief-as-wheat-stocks-surge-57-expecting-prices-to-drop-further\/","title":{"rendered":"Sigh of Relief as Wheat Stocks Surge 57%, Expecting Prices to Drop Further"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\"><\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/shoonya.com\/blog\/sigh-of-relief-as-wheat-stocks-surge-57-expecting-prices-to-drop-further\/#Lets_talk_numbers\" >Let\u2019s talk numbers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/shoonya.com\/blog\/sigh-of-relief-as-wheat-stocks-surge-57-expecting-prices-to-drop-further\/#Rice_Stocks_Also_on_Rise\" >Rice Stocks Also on Rise<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/shoonya.com\/blog\/sigh-of-relief-as-wheat-stocks-surge-57-expecting-prices-to-drop-further\/#Wrapping_up\" >Wrapping up&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n<div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/shoonya.com\/blog\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/latest-news\/\">News<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\"><strong>Sigh of Relief as Wheat Stocks Surge 57%, Expecting Prices to Drop Further<\/strong><\/span><\/span><\/div>\n\n\n<p class=\"wp-block-paragraph\">Domestic prices of wheat are supposed to ease as <strong>India\u2019s wheat stocks<\/strong> surged to a three-year high as the <strong>new crop year<\/strong> began this month. The stocks have surged over 57% as per official data, which has made the supply of the staple easier, bringing prices down, which shot up to the highest of all times at the beginning of this year.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-let-s-talk-numbers\"><span class=\"ez-toc-section\" id=\"Lets_talk_numbers\"><\/span>Let\u2019s talk numbers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As of 1 April 2025, the wheat stock in the state warehouses stood at 11.8 million metric tons, which is way above the 7.46 million metric tons target of the government. Compared to last year\u2019s production during this time, the stock of wheat is higher by 4 million metric tons. This suggests that even if the government does not meet the buying targets of wheat, there will be ample of supply and the prices can be controlled.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Coming to wheat buying targets, in 2025, <strong>Food Corporation of India (<\/strong>FCI) has a target of buying around 31 million metric tons of wheat. In the previous year, it procured only 26.6 million metric tons while the target was between 30 and 32 million metric tons.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the previous three years, the harvest of the crop was low, and thus the <strong>wheat stocks <\/strong>were low, and so was the FCI&#8217;s purchased wheat in a lower quantity, pushing the prices upward. It even went to a point when many thought that India would have to import wheat for the first time in seven years. However, with this rise in the stocks, that scenario can be avoided as of now. FCI has already started procurement, way before the time it started last year, 2024.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-rice-stocks-also-on-rise\"><span class=\"ez-toc-section\" id=\"Rice_Stocks_Also_on_Rise\"><\/span>Rice Stocks Also on Rise<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">It is not just the wheat; India\u2019s other staple food, <strong>rice stocks<\/strong>, are also on the rise. The rice reserves state-wise, along with the un-milled paddy, rose to a record high of 63.09 million tons as per data of 1 April 2025. The government\u2019s target was only 13.6 million tons, which is way lower than the current inventory.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As the supply is multifold of the target, now the government will push for exporting rice so that they do not have to buy more of the new season crop. Anyway, India is the biggest exporter of rice in the world, contributing to 40% of the <strong>global exports of rice<\/strong>.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-wrapping-up-nbsp\"><span class=\"ez-toc-section\" id=\"Wrapping_up\"><\/span>Wrapping up&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The food prices especially prices of wheat, were sky high in the previous few months, and now with the ample supply of the staple items and increasing <strong>wheat stocks in India<\/strong>, the prices are expected to come down. Moreover, the agricultural sector can boom with more export opportunities and fair prices.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source: <a href=\"https:\/\/www.reuters.com\/markets\/commodities\/indias-wheat-stocks-highest-3-years-rice-hits-record-2025-04-16\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Reuters<\/mark><\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">______________________________________________________________________________________<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Disclaimer<\/mark><\/strong>: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.<\/p>\n\n\n\n<p 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The stocks have surged over 57% as per official data, which has made the supply of the staple easier, bringing prices down, which shot up to the highest of all &hellip; <a href=\"https:\/\/shoonya.com\/blog\/sigh-of-relief-as-wheat-stocks-surge-57-expecting-prices-to-drop-further\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sigh of Relief as Wheat Stocks Surge 57%, Expecting Prices to Drop Further&#8221;<\/span><\/a><\/p>\n","protected":false},"author":16,"featured_media":12184,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[1082],"tags":[7324,7326,7328,7323,7321,7325,7327,7322,7329],"class_list":["post-12183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-apmc","tag-food-corporation-of-india","tag-global-rice-exports","tag-grain-stocks","tag-india-wheat-stocks","tag-new-crop-year","tag-rice-stocks","tag-wheat-stocks","tag-wheat-stocks-in-india"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>India&#039;s Wheat Stock Rises 57%, Highest in the Past Three Years<\/title>\n<meta name=\"description\" content=\"India\u2019s wheat stocks increased by 57% as the new crop season began this month. 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