Reduced planting of ragi, bajra, and small millets has tightened supply, pushing wholesale and retail prices higher across most millet categories. Small millets recorded the sharpest increase, while jowar and ragi also firmed, raising input costs for packaged food manufacturers producing bread, cereals, biscuits, and snacks.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Millets | India | EXW | USD 238.00/MT | August 2026 |
| Millets | India | EXW | USD 228.00/MT | July 2026 |
Stay updated with the latest Millets prices, historical data, and tailored regional analysis
In 2025, millet prices showed mixed trends across major markets due to changes in production, trade, and local policies. In Europe, imports increased slightly in mid-year, supported by higher shipments from Ukraine, but the EU reduced overall purchases later as Ukrainian yields fell sharply. Ukraine saw lower acreage and reduced yields, leading to a significant drop in production compared to the previous year. In China, the market remained mostly stable, with exporters holding stocks and growers reluctant to sell, resulting in only minor price fluctuations throughout the year.
In India, government programs increased procurement prices, and direct transfers to farmers supported their income, which helped stabilize domestic prices. However, challenges persisted in some states where regulated markets were inactive, forcing farmers to sell to private traders at lower returns. Local demand for traditional foods and millet-based products kept market interest high, contributing to higher prices in urban areas.
In West Africa, millet prices rose due to lower availability and supply chain disruptions, including export restrictions in some countries. Markets for hulled and organic millet remained firm, while festive periods such as the Chinese New Year created temporary calm with stable pricing before trade activity resumed.
Need Latest Millets Prices?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Our Clients
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
In 2024, millet prices showed a steady rise across several regions due to a mix of production declines and growing demand. Global production fell in major producing countries like India and Niger, while smaller declines occurred in Nigeria, Mali, and Sudan. This reduced supply, combined with increased urban demand, pushed prices higher. In Zimbabwe, farmers returned to millets after maize failed in drought-affected areas, and buyers, including government and aid programs, created additional market support. The move back to small grains helped stabilize local food supplies but added pressure on market prices.
In India, rising consumer interest and government campaigns promoting millets contributed to higher prices. Urban demand grew for traditional foods, including millet-based porridge, but many farmers struggled to get good returns due to limited local processing and market access. In West Africa, countries like Ghana saw a surge in millet prices in local markets as supplies tightened and imports faced delays or disruptions. Export bans in countries such as Benin further limited cross-border supply, keeping domestic prices high.
Overall, the year saw millet prices trending upward due to lower production in key regions, strong local demand, and restricted trade, making it a costlier commodity for consumers and vendors alike.
Millets refers to a group of highly diverse small-seeded grasses. They are widely grown as cereal crops or grains for fodder and human food across the world. The crop is favoured because of its productivity and short growing season under dry, high-temperature conditions. Pearl millet is the most widely grown millet, while, finger millet, proso millet, and foxtail millet are other significant crop species. India is the leading Millet producing country in the world.
Alcohol Beverage, Food, Fodder
Cargill India (Cargill, Incorporated), Bayer AG, Mahyco (Maharashtra Hybrid Seeds Company Limited), Alta Seeds (Advanta Seeds US), Allied Seed, LLC, Eastern Colorado Seeds, LLC (ECS)
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Millets are typically grown as mixed crops in regions of low rainfall. Millets become mature in short duration, taking about 3-4 months from sowing to harvesting.
Our Price Analysis Methodology
Manager - Market Research
Delivering market research and procurement intelligence at Procurement Resource with a focus on economic forecasting, commodity analysis, and client advisory to help sourcing teams make data-backed purchasing decisions.
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
The report is a detailed study of economics of production of calcium sulfate from gypsum which is extracted from the earth by mining.
The report involves the cost analysis of production of calcium carbide in an electric arc furnace from a mixture of lime and coke at approximately 2,200 °C.
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply–demand dynamics and capacity-driven market analysis
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
