India is set to have a record wheat harvest, according to scientists at the Indian Institute of Wheat and Barley Research, due to the introduction of 25 new climate-tolerant varieties in the past two years. Although official estimates for the 2023-24 marketing year have not been released by the Indian Agriculture Ministry, analysts predict a crop of around 111 million tonnes. This comes despite wheat prices reaching a 12-week high. The government has set a procurement target of 35 million tons for the 2024-25 rabi marketing season.