Domestic production of wheat is expected to reach a new record level of 1154 lakh tonnes

11-Mar-2025 11:20 AM

India’s Wheat Production Expected to Reach a Record 1154 Lakh Tonnes

New Delhi: The Union Agriculture Ministry, in its second advance estimate, has projected record wheat production of 1154.30 lakh tonnes for the Rabi season 2024-25. This surpasses both the target of 1150 lakh tonnes and the previous season’s production of 1132.90 lakh tonnes.

Key Factors Behind the Record Projection

✔ Increase in Sowing Area
✔ Favorable Weather Conditions
✔ Higher Yield Potential

Market & Price Impact

• Inflation Rate:
  • April 2024: 6.02%
  • January 2025: 8.80%
• Current Wheat Price (Delhi): ₹3000+ per quintal
  • 24% higher than the MSP of ₹2425 per quintal

Government Procurement & Stock Status

• Central Pool Stock (as of 1 Feb 2025): 161 lakh tonnes
  • Above buffer requirement of 138 lakh tonnes (as of 1 Jan 2025)
• Projected Stock on 1 April 2025: 100-110 lakh tonnes
• Previous Year Stocks:
  • 1 April 2023: 84 lakh tonnes
  • 1 April 2024: 75 lakh tonnes

Possible Outcomes

🔹 Increased Supply → Possible Price Reduction
🔹 Better Government Procurement Success
🔹 Stable Stock Levels in Central Pool

If these projections hold, India’s wheat market may witness price corrections, and the government’s procurement strategy could strengthen for food security planning.