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Wheat - Major commodity for bakery industry


Wheat flour is the major raw material for bakery Industry . Wheat prices trends are closely followed by bakery industry procurement professionals . Any swing ,govt policy or events can affect the flour prices . Here are the local and international players in wheat commodities market .Wheat prices are seasonal and fluctuates as per supply and demand scenario round the year .Companies have different strategies to buy wheat from markets , some buy from local markets others get their wheat requirement from oversees . In this chain flour millers plays important role as they convert wheat into flour and other by products . Some companies buys wheat and give it to millers on some conversion charges . Some companies keep stocks for hedging the moment prices goes up for wheat they sell the stock and earn profits .

Local
Largest wheat producing states in India

Uttar Pradesh
Punjab
Haryana
Madhya Pradesh
Rajashtan
Bihar


International

Largest wheat producing countries in world

China
India
USA
Russia
France
Canada
Australia
Germany
Pakistan
Turkey

Largest wheat exporting countries in world

USA
Australia
Canada
France
Argentina
Russia
Germany
UK
Kazakhistan
India

Largest wheat importing countries in world

China
Japan
Italy
Algeria
Brazil
Indonesia
Spain
Egypt
Mexico
South Korea

Wheat are processed by flour millers which then convert wheat into atta and bakery flour . Earlier wheat flour was in reserved categories but now it has been deserved . Largest buyer in domestic front is Food Corporation of India .Govt also declares Minimum purchase price for wheat which is lower then what private players offer . Cargill,GM ,Pillsubry are one of the bigger international player in wheat procurement and processing it into flourbakery_flour milling.html

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