Food Grain Stocks
FCI wheat stocks down 4% MoM as of Oct 1, but hit highest level in 4 years
This story was originally published at 13:36 IST on 15 October 2025
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--FCI: Oct 1 wheat stocks 32.0 mln tn vs 23.8 mln yr ago, 33.3 mln mo ago
--FCI: Oct 1 rice stocks 35.6 mln tn vs 31.1 mln yr ago, 37.0 mln month ago
--FCI: Total food grain stocks 67.6 mln tn as on Oct 1 vs 54.8 mln year ago
NEW DELHI – Wheat stocks with Food Corp. of India as of Oct. 1 fell nearly 4% on month, declining for the fifth consecutive month since Jun. 1. However, wheat stocks in the central pool were up nearly 35% on year at 32.0 million tonnes, a four-year high for the beginning of October. Typically, wheat stocks fall from June onwards as it marks the end of procurement operations and the government begins distributing the staple grain under the public distribution system.
The current wheat stocks are well above the buffer norm of 20.5 million tonnes, which includes an operational stock of 17.5 million tonnes and strategic reserve of 3.00 million tonnes.
Wheat stocks remained higher on a yearly basis due to robust government procurement on the back of higher minimum support prices. The government procured 30.1 million tonnes of wheat for the 2025-26 rabi marketing season ended June, higher than 26.6 million tonnes procured last year. Both the government and private traders had enough stock availability to procure due to good wheat production in 2024-25 (Jul-Jun).
However, the government is not keen on allowing wheat exports despite having higher stocks than last year. Market participants say India needs to have at least two more bumper wheat harvests for the country to export wheat. Recently, the government had allowed export of wheat bran on contract basis. To control the rising wheat prices, the government in May 2022 had banned wheat exports, followed by restricting export of wheat products in August 2022.
Meanwhile, the total food grain stocks with the FCI as of Oct. 1 were 67.6 million tonnes, up from 54.8 million tonnes a year ago. As of Sept. 1, food grain stocks with FCI were at 70.2 million tonnes, according to data.
Meanwhile, rice stocks in the central pool as of Oct. 1 were over 3.5% lower from the previous month and up nearly 15% on year at 35.6 million tonnes. The current rice stocks are at a two-decade high for the beginning of October. It is also significantly above the buffer norm of 10.25 million tonnes, comprising operational stock of 8.25 million tonnes and strategic reserve of 2.00 million tonnes. End
Reported by Afra Abubacker and J. Navya Sruthi
Edited by Tanima Banerjee
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