India Hits Record Wheat, Mustard Output in 2023-24, Amid Rice Decline Due to El Nino
India’s agricultural sector has achieved a significant milestone with the government’s latest estimates revealing a record output of wheat and mustard crops for the 2023-24 season, offset by a decline in rice production attributed to the El Nino phenomenon. This development signals a mixed bag of outcomes for India’s food security and agricultural economy.
The Indian government’s second advance estimate projects wheat production to reach an unprecedented 112.01 million tonnes, surpassing the previous year’s record. Similarly, mustard crop output is set to achieve a new high, reflecting the resilience and adaptive strategies of Indian farmers in the face of climate variability. However, the estimates also indicate a notable drop in rice production, a staple food crop, primarily due to the adverse effects of El Nino on both kharif and rabi cropping seasons.
In response to the record wheat output, the government has set a conservative procurement target for the 2024-25 rabi marketing season. Aimed at 30-32 million tonnes, the target is adjusted to encourage crop diversification and improve nutritional content in diets. This strategic move underscores the government’s efforts to balance market supply with the imperative of promoting sustainable agricultural practices and dietary shifts among the population.
The contrasting trends in crop production pose both opportunities and challenges for India’s food security and agricultural economy. While the record outputs of wheat and mustard enhance self-sufficiency and export potential, the decline in rice production raises concerns about domestic availability and price stability. Furthermore, the government’s procurement strategies reflect a nuanced approach to managing the country’s food reserves, promoting agricultural sustainability, and addressing nutritional needs.
This year’s agricultural output and policy adjustments offer valuable insights into India’s ongoing efforts to navigate the complexities of climate change, market demands, and nutritional objectives. As the global climate continues to evolve, the adaptability and resilience of India’s agricultural sector remain crucial for sustaining food security and economic stability.
Read also
Join agri leaders of the Black Sea & Danube region at the 22 International Co...
Cuban sugar industry demise mirrors food crisis
Ukraine exported 56.7 mln tons of grain cargo via the Ukrainian sea corridor
Tariff could slash US ag exports to China
Four companies control half of the world’s agricultural trade, but competiti...
Write to us
Our manager will contact you soon