# India. Dry soil makes Indian farmers wary of planting wheat, despite rally

> Reuters reports that India's wheat planting was 8.6 million hectares as of November 17, down about 5.5% from a year earlier. Farmers in Madhya Pradesh are switching to less water-intensive crops because of dry soil.

- Date: 2023-11-24 · published 2023-11-24T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/33139-india-dry-soil-makes-indian-farmers-wary-of-planting-wheat-despite-rally
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A smaller planted area and the threat of hot early-2024 weather could cut India's wheat crop and keep its export ban in place, which supports world wheat prices.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-05-21 | [Wheat prices rise after slowest US maize planting season - Farmers Weekly](https://feedsoft.ai/events/5635-wheat-prices-rise-after-slowest-us-maize-planting-season-farmers-weekly.md) | -13.2% | -6.0% |
| WHEAT | 2018-05-01 | [Australian wheat farmers plant in dust bowl and pray for rain - The Business Times](https://feedsoft.ai/events/64975-australian-wheat-farmers-plant-in-dust-bowl-and-pray-for-rain-the-business-times.md) | -2.9% | +0.1% |
| WHEAT | 2023-03-22 | [Showers, hailstorms raise concerns over India’s wheat crop despite receding heatwave](https://feedsoft.ai/events/36812-showers-hailstorms-raise-concerns-over-india-s-wheat-crop-despite-receding.md) | +11.0% | +4.2% |
| WHEAT | 2018-06-26 | [Wheat price drives up rations - Farmers Weekly](https://feedsoft.ai/events/11645-wheat-price-drives-up-rations-farmers-weekly.md) | -4.9% | -0.0% |
| WHEAT | 2025-03-17 | [Market Snapshot \| Iffy U.S. weather sparks wheat rally - Pro Farmer](https://feedsoft.ai/events/5622-market-snapshot-iffy-u-s-weather-sparks-wheat-rally-pro-farmer.md) | +5.3% | +2.5% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/india-dry-soil-makes-indian-farmers-wary-of-planting-wheat-despite-rally/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.