Government Lifts Wheat Stock Limit Amidst Improved Supply and Falling Prices

• The central government has removed the wheat stock limit, withdrawing the May 27, 2025 order.
• Decision driven by significantly better market availability and a downward trend in wheat prices.
• Wheat prices fell by 3%; current stock is 8.1 million tons, 3 million tons more than last year.
• Wheat cultivation area increased to 33.417 million hectares this year, up from 32.804 million hectares.
• Government approved export of 500,000 metric tons; review of exports expected by mid-June.