Wheat output in FY24 may decline by 1-2 mn tonnes due to untimely rains

FCI has procured 700,000 tonnes wheat so far, up from 200,000 tonnes last year

India’s wheat production in FY24 might go down by 1-2 million tonnes due to the recent unseasonal rains, a senior government official said on Friday. A similar estimate was made by a private study commissioned by flour millers.

However, overall production, according to the government official, would still be in the range of 112 million tonnes, as predicted earlier.

The study commissioned by the roller flour millers and conducted by Agriwatch, an initiative of Indian Agribusiness Systems Ltd, put wheat production in the 2023-24 crop season at 103 million tonnes after accounting for the recent unseasonal rains

This production before