India may import 2 million tons of wheat this season despite record harvest

Published Apr 2, 2024

Tridge summary

The US Department of Agriculture's Foreign Agricultural Service forecasts a record wheat harvest for India in the 2024/2025 season, estimating a production of 112.5 million tons, an increase from the previous season's 110.6 million tons. This growth is attributed to timely sowing, expanded sown areas, and favorable weather. Despite the record harvest, India's wheat imports are expected to rise to 2 million tonnes due to strong domestic demand, reduced government stocks, and the allure of low global prices, marking a significant jump from the previous season's imports of 120 thousand tons.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the 2024/2025 season (April-March), India can harvest a record wheat harvest of 112.5 million tons, predicts the Foreign Agricultural Service of the US Department of Agriculture (FAS USDA). This was reported by the Zerno On-Line agency. Last season, India harvested 110.6 million tons of wheat. The crop growth was influenced by timely sowing, expansion of sown areas from 31.4 million hectares to 31.8 million hectares and favorable weather conditions. The harvesting campaign will end in April. Despite the record harvest, India may increase wheat imports to 2 ...

Source: Zol