# Wheat output 10% lower than govt estimate amid sharp price rise: Trade body | India News - Business Standard

> A Roller Flour Millers' Federation estimate puts India's 2023 wheat harvest at 101-103 million tonnes, at least 10% below the government's estimate. Wheat prices in New Delhi have risen 10% in two months to 24,900 rupees per tonne.

- Date: 2023-06-21 · published 2023-06-21T12:00:00.000Z
- Category: report · region India · magnitude high
- Page: https://feedsoft.ai/events/35454-wheat-output-10-lower-than-govt-estimate-amid-sharp-price-rise-trade-body-india
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A materially smaller Indian crop than officially estimated raises the odds of further export restrictions and supports global wheat prices as importers seek supply.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-04-01 | [Australia Boosts Wheat Output Estimate on Bumper Crops in States](https://feedsoft.ai/events/25545-australia-boosts-wheat-output-estimate-on-bumper-crops-in-states.md) | -0.8% | +1.8% |
| WHEAT | 2018-06-12 | [U.S. grains: Wheat surges after USDA cuts Russian output estimate - Grainews](https://feedsoft.ai/events/64555-u-s-grains-wheat-surges-after-usda-cuts-russian-output-estimate-grainews.md) | -0.9% | -6.9% |
| WHEAT | 2018-06-13 | [Wheat Prices Rally on Lower U.S. Winter Wheat Production Estimate - Northern Ag Network](https://feedsoft.ai/events/64483-wheat-prices-rally-on-lower-u-s-winter-wheat-production-estimate-northern-ag.md) | -2.0% | -8.2% |
| WHEAT | 2021-08-13 | [All-wheat production forecast down 3% from July estimate \| 2021-08-13  \| Food Business News](https://feedsoft.ai/events/45612-all-wheat-production-forecast-down-3-from-july-estimate-2021-08-13-food.md) | +1.6% | +3.2% |
| WHEAT | 2017-11-10 | [U.S.D.A. lowers 2018 wheat, soybean carryover from October \| Food Business News \| November 10, 2017 13:57](https://feedsoft.ai/events/67928-u-s-d-a-lowers-2018-wheat-soybean-carryover-from-october-food-business-news.md) | +0.9% | +1.0% |

## Sources

- business-standard.com: https://www.business-standard.com/india-news/wheat-output-10-lower-than-govt-estimate-amid-sharp-price-rise-trade-body-123062100595_1.html

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