Wheat MSP raised to ₹2,610 per quintal for 2027-28; safflower gets ₹675 hike
Business Today reports Cabinet approval, on 30 September 2026, for Rabi MSP increases for 2027-28. Wheat rises ₹25 per quintal, safflower ₹675, mustard ₹413 and lentil ₹390. The changes are an upstream pricing signal for food and grocery sourcing, not a confirmed rise in retail prices.
The development
The Cabinet approved Rabi MSP increases for 2027-28, raising wheat MSP by ₹25 to ₹2,610 per quintal. Safflower's increase is ₹675, mustard's ₹413 and lentil's ₹390 per quintal. The government allocated ₹1.86 lakh crore for the programme.
The numbers
- 2027-28
- ₹25
- ₹2,610 per quintal
- ₹675 per quintal
- ₹413 per quintal
Why it matters to operators and investors
Review wheat, pulse and edible-oil sourcing plans against the reported 2027–28 MSP hikes, but validate supplier quotes before changing shelf prices.
What to watch next
- Official notification confirming the reported rates and applicable crop or marketing year.
- Mandi prices relative to MSP and actual procurement volumes by crop.
- Government wheat stocks, procurement targets and open-market releases.
- Rabi acreage, weather and yield estimates, especially for mustard and lentils.
- Edible-oil and pulse import prices, duties and exchange rates.