Forecast of wheat harvest in India reduced to 106 million tons
The Foreign Agricultural Service of the U.S. Department of Agriculture (FAS USDA) has lowered its forecast for the wheat harvest in India in 2023/2024 season to 106 mln tonnes. Despite the deterioration of the forecast, wheat production will be 2 mln tons more than this season. The new crop will be harvested in March-April.
FAS USDA estimates the export potential of Indian wheat next season at 1 mln tons. In the current season, India can export 5.377 million tons.
Read also
Palm oil prices rise 3.5% amid stronger soybean oil market and growing stocks
World’s largest cocoa producer forecasts 21–25% decline in harvest
Argentina increases wheat exports as Brazil faces a smaller harvest
China raises soybean import estimate to 111.6 mln tons but expects lower purchases...
Ust-Luga overnight incident: Could Baltic grain exports face delays?
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon