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The Indian agriculture ministry's second advance estimate puts the 2025 wheat crop at a record 115.4 million tonnes, driven by larger plantings and higher guaranteed prices. An industry body says the 2024 crop was about 6% below government projections, and millers have asked for the 40% import duty to be cut.
A record Indian crop reduces the likelihood of wheat imports and weighs on global wheat prices. The disputed 2024 output and the import duty debate add some uncertainty.
hindustantimes.comZia HaqMar 10, 2025After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
