Wheat yields in India are expected to fall in February , as farmers anticipate a 10 % increase in yields compared to last year 's 99.7 million metric tonne ( wheat ) harvest because of higher wheat acreage and good weather conditions . NCDEX wheat futures for February has already slipped 3 % to INR2,032 ( $ 28.8 ) per 100 kg on 9 January in anticipation of a new crop . However , prices are expected to be stabilised in the short - term as agriculture agency wheat Corporation of India is estimated to be holding 100 million metric tonnes ( mt ) of grain .
Wheat prices in India are predicted to fall in February, as analysts anticipate a 10% increase in yields compared to last year's 99.7 million metric tonne (mt) harvest because of higher wheat acreage and good weather conditions. NCDEX wheat futures for February has already slipped 3% to INR2,032 ($28.8) per 100 kg on 9 January in anticipation of a bumper crop. However, prices are expected to be stabilised in the short-term as Government agency Food Corporation of India is estimated to be holding 25 million metric tonnes (mt) of grain.