India’s wheat output dented by heatwave, could limit government stock building

Published 2023년 3월 6일

Tridge summary

A severe heatwave in northern and central India is expected to damage crops and potentially repeat last year's reduction in wheat production, with inventories at a six-year low. The maximum temperature in wheat-growing areas has risen significantly above normal, leading to early maturity and potential shriveling of grains. This heatwave could drop production to around 100 million tonnes, half of the government's estimated 112.2 million tonnes, and significantly above trade body estimates. This could result in wheat prices being higher than the government's buying price, encouraging farmers to sell to private buyers, and necessitating imports if the situation worsens.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A heatwave in northern and central India at a time the crop is ripening is threatening to damage grains and dent the country’s wheat production for the second straight year. The reduction in production amid a drop in inventories to the lowest level in 6 years may force the world’s second biggest producer of the grain to allow imports after banning exports last year. “Winter hasn’t ended yet, but during the day temperatures rise like summer,” said Rameshwar Chowdhury, who has planted wheat on six acres in the Niwai village in the northwestern state of Rajasthan. “We are irrigating fields to limit the impact, but beyond that we can’t do anything.” The maximum temperature in some wheat-growing areas jumped above 39 degrees Celsius for a few days in February, nearly 10 degrees Celsius above normal, according to weather department data. Higher temperatures would lead to early maturity of the crop and grains could be shrivelled, like they were last year, said Chowdhury. India recorded ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.