India’s 2025 wheat harvest exceeded expectations, restoring domestic stockpiles and eliminating the need for imports. The Food Corporation of India (FCI) procured 29.7 million metric tons of wheat, the highest in four years, and total stockpiles are expected to reach around 44 million tons. This could put downward pressure on global wheat prices, especially amid…
India’s wheat procurement for the 2024-25 season has increased by 14.4% to 29.46 million tonnes, primarily due to higher purchases in Madhya Pradesh and Rajasthan. Other states have contributed significantly despite lower procurement in Punjab and Haryana due to increased private buying and farmer stockpiling. Private players have offered higher-than-MSP prices amid scarcity, and wheat…
India is set to target 354.64 million tonnes of foodgrain production in the 2025-26 crop year, starting in July, due to better monsoon rains. The country’s foodgrain production has already reached 330.92 million tonnes in the Kharif and Rabi seasons of the current 2024-25 crop year. The summer season (zaid), sown between February and June,…
The Centre plans to review the restoration of wheat entitlements under the Public Distribution System (PDS) after the procurement drive concludes. The agriculture ministry has projected a record wheat production of 115 million tonnes for the 2024-25 crop year, with the Food Ministry aiming to procure 31.2 million tonnes. The government has procured 256.31 lakh…
Global wheat prices are expected to face downward pressure in 2025 due to record production, despite tightening supplies providing short-term support. CBOT wheat price forecasts have been revised downward to an annual average of $5.80 per bushel, citing ample US stocks and bearish market sentiment. Global wheat production is expected to reach a record 793.2…
India’s rabi crop area has improved somewhat, with wheat and pulses accounting for the majority of the acreage. Despite a late start, more wheat has been sown, although important oilseeds such as groundnut and mustard have been sown less than in previous years. The government has set production targets for several crops, and the rabi…
