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Wheat procurement surges 17% to 35 million tonne, exceeds target for 2026-27 season

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Wheat procurement surges 17% to 35 million tonne, exceeds target for 2026-27 season
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Wheat procurement in India has increased by 17% to over 35 million tonnes in the 2026-27 rabi marketing season, surpassing the target of 34.5 million tonnes. This rise in procurement is attributed to strong domestic production and lower mandi rates. Major producing states have completed their procurement, with Punjab leading the way.

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The Hindu · PTI
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The government’s wheat procurement rose 17% to over 35 million tonne (MT) in the 2026-27 rabi marketing season, surpassing both the target of 34.5 MT and the previous year’s procurement of 30 MT, a senior food ministry official said on Wednesday (June 3, 2026).“Wheat procurement has crossed 35 million tonne so far this season. We have exceeded the target. Procurement in major producing states has been completed,” the official told PTI.The Food Corporation of India (FCI) and state agencies procure wheat at the minimum support price (MSP) to meet requirements under the National Food Security Act and other welfare schemes.Higher procurement was facilitated by mandi rates ruling below the MSP, owing to robust domestic production of 120.65 MT, sustained despite localised crop damage from…

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