India Wheat Procurement Surpasses 35 MMT in 2026/27, Exceeds Government Target

The Government of India procured more than 35 million metric tonnes (MMT) of wheat during the 2026-27 rabi marketing season, marking an increase of about 17% compared to the 30 MMT purchased in the previous year. The procurement volume also exceeded the government's target of 34.5 MMT, reflecting a strong wheat procurement season. Procurement operations have now concluded across the country's major wheat-producing states.

The Food Corporation of India (FCI) and various state procurement agencies buy wheat from farmers at the Minimum Support Price (MSP). The procured wheat is used to maintain government food stocks and support distribution under the National Food Security Act and other welfare schemes.

The higher procurement was largely driven by a strong domestic wheat harvest, which kept market prices in agricultural mandis below the MSP in many regions. As a result, farmers preferred selling their produce to government agencies, where they received the assured support price. This achievement came despite localized crop damage caused by unseasonal rainfall and hailstorms in some wheat-growing areas.

Punjab remained the largest contributor to government wheat procurement, with purchases exceeding 12 MMT, slightly higher than the 11.9 MMT procured last year. Madhya Pradesh recorded the most significant growth, with procurement rising to over 10 MMT compared with 7.8 MMT a year earlier. Haryana also registered a notable increase, with procurement crossing 8 MMT, up from 7 MMT in the previous marketing season.

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