India lifts four-year ban on wheat exports

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India has lifted its four-year ban on exports of wheat and wheat products. The Directorate General of Foreign Trade issued an official notification that wheat export policy has been changed from prohibited to free with immediate effect. The central government said the country currently has sufficient wheat reserves, and the move is part of efforts to encourage farmers to grow more wheat in the coming years. Official data show India produced nearly 120.65 million tonnes of wheat in the 2025-26 crop year, up about 2.3 percent from the previous year. Sanjeev Chopra, Secretary of the Department of Food and Public Distribution, said that because domestic wheat prices are currently low, allowing exports will help push domestic prices higher, increase farmers' incomes, and encourage farmers to expand planting in the coming season.

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⛏Chicago SRW Wheat Futures
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India lifts wheat export ban, increasing global supply and potentially lowering prices, but for wheat futures, the move signals higher exports which could be positive for prices if demand is strong; however, the article indicates domestic prices are low and exports will help raise them, suggesting a positive impact on wheat prices.