Wheat cultivation has gained momentum, will the taste of your plate become cheaper now?

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This year, with the onset of winter, there is a glow on the faces of the farmers and greenery in the fields. Rabi season is going on and government figures are showing that the country’s food provider is in the mood to produce a bumper crop of wheat this time. If you are wondering whether flour will be expensive or cheap in the coming days, then there is good news for you.

Record crop is flowing in the fields

Talking about the latest data, there has been a tremendous increase in wheat sowing in the country till November 21. Sowing has increased by about 21 percent compared to last year. So far, wheat has been sown on about 128.37 lakh hectares of land. In simple terms, one-third of the area where wheat is usually sown has already been covered at the beginning of the season. This is a sign that the next crop is going to be bumper.

Wheat became cheaper in foreign countries

Not only in India, the ‘summer’ of wheat has cooled down in the markets across the world. Due to increase in supply, prices in the international market have fallen to their lowest level in a month. Prices have fallen below $530 per bushel. From January 2025 till now, wheat has become cheaper by about 5 percent in the global market. This simply means that there is no crisis of wheat shortage across the world.

What do experts say? Will prices increase or will there be relief?

Now the biggest question – will prices increase in the domestic market?
Navneet Chitlangiya, President of Roller Floor Millers Federation of India, says that there is no reason to panic at the moment. Today the price of wheat is at the lowest level of the entire season.

He says that the market is no longer running only on the old rules of demand and supply, but at this time the “stick of government” i.e. government policies is having more impact. The government has issued tenders for ‘OMSS’ (Open Market Sale Scheme), due to which the supply of wheat has increased in the market.

Little to no expectation of inflation

The market was expecting that the prices might rise by 3-4 percent, but the government decision has kept the prices under control. The government is trying to remove the old stock lying in the warehouses before the new wheat arrives so that space can be created for new purchases.

Experts believe that the prices may fluctuate by Rs 10-20 or a maximum of Rs 50, but there does not seem to be any scope for more increase than this. Overall, this year and the coming year are going to be great in terms of wheat availability.