India’s wheat production estimated to hit record high of 115.3 million metric tonnes in 2024-25

The estimates (only Kharif and Rabi) for the year 2024-25 showed that the production of rapeseed and mustard is estimated to be 12.9 million tonnes, which is lower compared to the 13.26 million tonnes recorded the previous year.

In the current year (2024-25), the government has procured 26.6 million tonnes of wheat against a target of 30-32 million tonnes. At the beginning of March, the wheat stock in the central pool was 14.41 million tonnes, which is well above the April 1 buffer norm of 7.46 million tonnes.

The government has fixed the Minimum Support Price (MSP) of wheat at Rs 2,425 per quintal for the Rabi Marketing Season (RMS) 2025-26, which is Rs 150 per quintal or 6.59 per cent higher compared to the price of Rs 2,275 during RMS 2024-25.

Wheat is the second largest crop after paddy in terms of area coverage. In 2023-24, the area under wheat stood at 318.33 lakh hectares, while the production is estimated at 113.92 million tonnes. Uttar Pradesh is the top wheat-producing state in the country, followed by Madhya Pradesh, Punjab, Haryana, Rajasthan, Bihar, Gujarat and Maharashtra.

The estimates of record wheat production are significant as wheat prices have increased sharply in recent years. The Consumer Price Index-based retail inflation of wheat has been rising since February last year. The retail inflation in wheat reached 8.8 per cent in January 2025.