At the WPPS Online Wheat Webinar, the President of RFMFI said
14-Mar-2026 01:04 PM
At the WPPS Online Wheat Webinar, the President of RFMFI said
★ At the WPPS Online Wheat Webinar, the President of RFMFI said that the new wheat season is approaching and the industry is preparing for procurement and supply management.
★ Currently, India’s wheat supply situation appears comfortable, with the government holding substantial stocks and the new crop also expected to be strong. However, despite this positive outlook, the milling industry remains cautious and uncertain.
★ The biggest concern is policy uncertainty. During the previous season, sudden policy changes and sharp market movements caused financial losses to many millers and traders, which has affected confidence across the industry.
★ At present, the key question for the industry is: what will be the government’s next policy move?
★ While the government has high wheat stocks and the new crop outlook is strong, the market ecosystem is still recovering from last year’s shocks. In such a situation, the industry is seeking clear and stable policy direction.
★ It is also important for the industry to present a unified voice before policymakers. When multiple and differing views emerge from within the sector, it becomes difficult to communicate a clear message, which further increases uncertainty.
★ For an industry that operates on thin margins and requires large working capital, policy clarity and predictability are extremely important.