Wheat Market Recessionary, Pressured by Rising Arrivals and Weak Demand

25-Feb-2026 06:45 PM

Wheat prices witnessed a bearish trend today due to increased selling pressure and muted buying activity. According to trading circles, buying activity remained limited, while continued selling by stockists continued to weigh on prices. With the arrival of the new crop, market sentiment appears to be weakening, leading to increased caution among traders.

Arrivals of new wheat have gradually increased in major producing markets in Madhya Pradesh and Gujarat. As the new crop reaches the market, supply is increasing, which is directly impacting prices.

Given the increasing availability of the new crop, stockists have also accelerated the sale of their old stocks, further increasing supply pressure in the market and leading to a decline in prices. Meanwhile, demand from flour millers remains limited.

Flour mills are purchasing only as needed, leading to a lack of large-scale buying. Weak demand from millers is preventing the market from receiving strong support, which is placing additional pressure on prices.

Traders say millers are currently avoiding buying at higher prices and are awaiting new arrivals. Looking at the current crop situation, wheat acreage is reported to have increased this year, and the weather has been favorable so far. Given favorable weather, adequate moisture, and improved crop conditions, wheat production is expected to increase this season.

Given rising arrivals, strong selling by stockists, weak demand from millers, and the possibility of increased production, wheat prices are expected to decline further in the near term. Due to continued weak demand from flour millers, Delhi wheat prices declined by Rs. 50 per quintal today, settling at Rs. 2600/2620 per quintal at Lawrence Road.