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India's 2019 wheat output could fall from record on scanty rains

Reuters  |  SEHORE, India 

By Rajendra JadhavSEHORE, India (Reuters) - India's wheat production could fall in 2019 from record output this year as lower moisture levels and higher temperatures in key growing regions are threatening yields of the winter-sown crop, farmers and analysts told Reuters. A drop in output could lift local wheat prices and force the world's second-biggest producer to reduce import taxes on the grain to augment supply. Higher imports from India could support global wheat prices, while a local price increase could calm angry farmers in northern India. "Instead of six acres, I planted wheat on ...

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First Published: Mon, December 03 2018. 16:52 IST