Wheat fell to 491.29 USd/Bu on September 11, 2025, down 0.75% from the previous day. Over the past month, Wheat's price has fallen 2.71%, and is down 15.07% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wheat - values, historical data, forecasts and news - updated on September of 2025.

In fiscal year 2024, the procurement price of wheat across India was over 2,275 Indian rupees per quintal. This was an increase compared to the previous year's procurement price. During fiscal year 2023, the export value of wheat from the south Asian nation amounted to over 1,519 million U.S. dollars.

On this page, you will find the latest market prices for wheat today. Know if there has been a rise in wheat prices in recent days.

Wholesale Price: Average: Wheat: All India data was reported at 2,228.850 INR/Quintal in Nov 2018. This records an increase from the previous number of 2,204.920 INR/Quintal for Oct 2018. Wholesale Price: Average: Wheat: All India data is updated monthly, averaging 1,897.060 INR/Quintal from Jan 2009 (Median) to Nov 2018, with 119 observations. The data reached an all-time high of 2,228.850 INR/Quintal in Nov 2018 and a record low of 1,209.330 INR/Quintal in Apr 2009. Wholesale Price: Average: Wheat: All India data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC068: Wholesale Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by Cities: Wheat.

The Wholesale Price Index of wheat across India during financial year 2024 was over ***. The price index value of wheat increased by about ** percent from the base year of 2012. An overall increase in the price index was seen over the years since financial year 2013.

In the 2024/2025 marketing year, the top consumers of wheat globally were China, India, and the European Union. China consumed about 151 million metric tons of wheat that year. Wheat consumption worldwide is slowly increasing, growing by about eight percent since 2018/2019. Wheat production and trade Not only do they consume the most wheat, but China, the EU, and India are also the leading producers of wheat worldwide. Chine led global production, with about 136.6 million metric tons in 2023/24. Despite being a top producer, China also imports a great deal of wheat. In 2022, China imported about 3.8 billion U.S. dollars’ worth of wheat. Egypt has been one of the leading importer of wheat worldwide for the last several years. Wheat price Prices around the world have risen as of 2022. Many believe that the Russian invasion of Ukraine is to blame for the rising wheat prices and others believe it is the speculation of an impending food crisis that is driving up demand. The price of the most common variety of wheat grown in the U.S., hard red winter wheat, reached an all-time high in May 2022, reaching over 522 dollars per metric ton. Globally, the real household income is expected to decline by about 1.57 percent due to the increased cost of wheat and corn. Some countries will experience a decline of over five percent, showing the real impact that growing prices have on consumers across the world.

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Wheat Market Size 2025-2029

The wheat market size is forecast to increase by USD 87.6 billion at a CAGR of 4.6% between 2024 and 2029.

The market is experiencing significant shifts driven by several key trends and challenges. The growing vegan population represents a notable trend, as an increasing number of consumers adopt plant-based diets, leading to a higher demand for wheat-based food products and supplements. Simultaneously, the expansion of retail stores offering organic wheat-based supplements caters to the health-conscious consumer segment, further fueling market growth. The market plays a significant role in the global food industry, with its production and consumption influencing various sectors such as food manufacturing, food retail, and food service. However, the market faces challenges due to climate change and unpredictable weather patterns. Extreme weather conditions, such as droughts and heavy rainfall, can negatively impact wheat production, leading to supply chain disruptions and price volatility.
These challenges necessitate strategic planning and adaptability from market players to ensure a consistent supply of high-quality wheat products and maintain competitiveness. Companies seeking to capitalize on market opportunities and navigate challenges effectively must focus on innovation, sustainability, and risk management strategies. Durum wheat, a key component in pasta and craft beer production, is also gaining attention, and will subsequently help with market expansion in the coming years. 

What will be the Size of the Wheat Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market encompasses various aspects, including gluten-free wheat, grain drying, and farming practices. Farmers employ precision agriculture to optimize wheat production, while grain drying ensures optimal moisture levels before storage in silos. Flour fortification enhances nutritional value, and flour milling technology, such as roller mills and stone mills, transforms wheat into various products like pasta and bread. Grain transportation and handling are crucial components, with grain elevators facilitating efficient movement. Grain inspection ensures grain quality, and certification guarantees adherence to industry standards. Wheat-based products, including bakery items, require careful flour blending and gluten content control. Wheat industry trends lean towards organic and non-GMO production, sustainability, and innovation in flour milling technology. The market is expected to witness notable expansion due to its increasing use in various industries, including food and animal feed.
Grain cleaning and grain storage are essential for maintaining grain quality and mitigating wheat price volatility. Pastry making and bread making continue to be significant applications, with the bakery industry driving demand for high-quality wheat and flour. Flour milling technology advances, such as grain inspection and grain handling systems, contribute to improved grain quality control. The market outlook remains positive, with ongoing research and development in wheat farming practices and wheat substitutes.

How is this Wheat Industry segmented?

The wheat industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Human
  Feed


Type

  Hard red winter
  Hard red spring
  Soft red winter
  Others


Distribution Channel

  Direct sales (B2B)
  Retail stores
  Online platforms


Geography

  North America

    US


  Europe

    France
    Germany
    Russia
    UK


  APAC

    China
    India
    Indonesia
    Pakistan
    South Korea


  Rest of World (ROW)

By Application Insights

The human segment is estimated to witness significant growth during the forecast period. Wheat, a significant global staple food, is renowned for its high carbohydrate content, primarily in the form of starch. Beyond its carbohydrate value, wheat offers essential nutrients, including protein, vitamins, soluble fiber, and phytochemicals. Consequently, wheat-based foods are popular worldwide, catering to both human consumption and industrial applications. These include refined wheat flour, pasta, noodles, beverages like wheat beer and malted milk, and various other processed goods. Wheat farming involves the use of fertilizers, herbicides, and water for optimal growth. Diseases and pests pose challenges to production, necessitating ongoing research and innovation. Winter and spring wheat varieties are cultivated, with spring wheat being more commonly used for food products due to its higher protein content.

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Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices for wheat in the state of West Bengal. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of West Bengal.

Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices for wheat in the state of Uttar Pradesh. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of Uttar Pradesh.

Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices for wheat in the state of Gujarat. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of Gujarat.

The value of wheat exported from India amounted to just over 56 billion U.S. dollars in the fiscal year 2024. This was a significant decrease as compared to the previous year. Since May 2022, India has limited its export on wheat to prioritize domestic consumption.

Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices of wheat in Dehradun district. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of Dehradun district.

Retail Price: DOAC: Wheat: Desi: Jammu Kashmir: Jammu data was reported at 28.000 INR/kg in Mar 2023. This records a decrease from the previous number of 29.000 INR/kg for Feb 2023. Retail Price: DOAC: Wheat: Desi: Jammu Kashmir: Jammu data is updated monthly, averaging 24.000 INR/kg from Dec 2007 (Median) to Mar 2023, with 42 observations. The data reached an all-time high of 35.000 INR/kg in Feb 2016 and a record low of 12.000 INR/kg in Jan 2008. Retail Price: DOAC: Wheat: Desi: Jammu Kashmir: Jammu data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PC175: Retail Price: Department of Agriculture and Cooperation: Food: by Cities: Wheat: Desi.

Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices of wheat in Ludhiana district. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of Ludhiana district.

Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices of wheat in Bijnor district. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of Bijnor district.

Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices of wheat in Nadia district. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of Nadia district.

Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices of wheat in Korba district. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of Korba district.

Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices of wheat in Chitrakoot district. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of Chitrakoot district.

Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices of wheat in Delhi district. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of Delhi district.

Dear Farmers, welcome to Mandi Bhav India. On this page, you will find today's market prices of wheat in Raisen district. Here, you can get information on the prices of all types of fruits, vegetables, and grains in both major and minor markets of Raisen district.