Government wheat stocks in godowns are at 7 years lowest level but have been over and above the minimum buffer levels. According to the FCI and State Agencies the godowns had 163.5 lakh tons of wheat as of January 1st 2024, the lowest for this date since 137.5 lakh tons of 2017. Minimum buffer level is 138 lakh tons with 3 months of operational requirement of 108 LT and additional 30 LT of requirement in case of procurement shortfal. During current year wheat sowing area is at 336.96 lakh hectares up from last years 335.67 lakh hectares and the
normal 5 years average of 307.32 lakh hectares.