India sets foodgrain record on wheat, rice, and maize surge

India’s agricultural sector experienced a 6.5% increase in food grain production during the year ending June 30, 2025. Rice production reached an all-time high, while wheat and maize production reached historic highs. The growth is attributed to farmer diligence, advanced agricultural research, and effective government policies. However, the mustard crop faced setbacks, but increased soybean…

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India’s wheat procurement up 14%, nearing 30 mn t

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…

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World Wheat Prices Are Under Pressure Due to Record Production and Limited Supply

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…

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