Indian farmers are predicted to produce 98.61 million metric tonnes (mt) of wheat in the the previous year rabi or spring harvest, while the record kharif (monsoon) harvest is set to increase overall grain production to an all-time high of 279.51 million mt, up 1.6% on 2017-18. However, the bumper crops have coincided with a drop in demand, dragging most rabi crops to well below their minimum support prices.
Indian farmers are predicted to produce 98.61 million metric tonnes (mt) of wheat in the 2017-18 rabi or spring harvest, while the record kharif (monsoon) harvest is set to increase overall grain production to an all-time high of 279.51 million mt, up 1.6% on the previous year. However, the bumper crops have coincided with a drop in demand, dragging most rabi crops to well below their minimum support prices.