In consideration of market availability and commodity prices worldwide, the government is anticipated to declare a 5% increase in the minimum support price (MSP) of wheat, a crucial rabi crop for the upcoming marketing season 2025–2026 (April–June), to Rs 2400/quintal. Sources informed FE that a number of variables, including a moderating rate of inflation, a sufficient supply of wheat, and a softening of world prices, might affect the MSP’s fixing. In an effort to encourage farmers to enhance output, the wheat MSP was increased by 7.05% to Rs 2,275/quintal last year—the biggest rise since 2014–15. Food Secretary Sanjeev Chopra recently stated that there is enough wheat in the nation and that open market sales of wheat to large purchasers from the Food Corporation of India (FCI)’s stock would not be resumed. Due to the nation’s record-breaking harvest the previous year, wheat prices are steady and there is no scarcity. In the 2023–24 crop year (July–June), wheat output reached a record 113.29 million tonne (MT), up 2.4% from the previous year. Currently, FCI’s wheat stock is 23.85 MT, compared to the buffer of 20.52 MT for October 1. In an effort to slow down price increases, the government has reserved 2.5 MT of wheat for sale in the market; however, open market sales will continue as needed, according to Chopra. (Source-FinancialExpress)