Archive · 12 Nov 2025

Global Wheat Prices Fall, But Indian Consumers Face Higher Costs

Global Wheat Prices Fall, But Indian Consumers Face Higher Costs

Imagine there's a lot of wheat grown all over the world, so much that the price of wheat everywhere else is going down.

But in India, even though wheat is cheaper elsewhere, the price for people buying it in India isn't going down.

This is because the Indian government sets a minimum price it will pay farmers for their wheat, and also puts a tax on wheat coming from other countries.

These two things, the support price and the import tax, keep the price of wheat high for people in India, so they don't get to enjoy the lower prices that the rest of the world is seeing.

Sources