India Wheat Production Forecast For 2023/24 Held Unchanged Despite Recent Excess Rainfall, Risks Tilted Toward Downside
Agribusiness / India / Mon 18 Mar, 2024
Key View
- We forecast that India’s wheat production will rise to 110mn tonnes in 2023/24, which will represent an all-time record harvest volume. While India’s wheat crop maintains a minimal exposure to current drought conditions in southern states, including Karnataka, above-average rainfall in Uttar Pradesh and other major wheat-producing