Official information states that wheat yield in the country was 92.29 mln tons in the previous year with independent analysts calculating a much lower figure. A yield of 96.64 mln tons is expected this year. The government will purchase 33 mln tons of wheat from the farmers versus only 22.96 mln tons last year.

On February 1, 2017, wheat stocks in India were 11.2 mln tons. On April 1, 2017 stocks will be 7.0 mln tons, which is lower than the regulated buffer stocks of 7.5 mln tons.