Government's Open Market Wheat Sale Sees Limited Demand Amid Stable Prices

The Food Corporation of India (FCI) has sold only 0.35 million tonnes of wheat out of an allocated 3 million tonnes under the Open Market Sale Scheme (OMSS) for FY26, reflecting low demand from bulk buyers amid stable prices and ample private stocks. After suspending sales due to weak response, e-auctions resumed but participation remains limited. Record wheat production and expectations of another bumper crop contribute to sluggish prices, while the government has offloaded a record 8 million tonnes of rice from its stocks.