# Trade survey sees India's 2022-23 wheat crop below ministry's forecast of record high | S&P Global

> An S&P Global survey of 11 analysts and traders expects India's 2022-23 wheat crop at 107-108 million tonnes, below the government's record forecast of 112.2 million tonnes. Traders expect domestic prices to ease on higher supply and hope the government will review its export ban after restocking.

- Date: 2023-02-15 · published 2023-02-15T12:00:00.000Z
- Category: report · region India · magnitude medium
- Page: https://feedsoft.ai/events/37316-trade-survey-sees-india-s-2022-23-wheat-crop-below-ministry-s-forecast-of
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A smaller-than-official crop and a possible export ban review create conflicting signals for global wheat. Easing domestic prices reduce pressure to keep India's export restrictions in place.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-12-06 | [Australia's MY 2022-23 wheat output forecast at record 36.6 mil mt](https://feedsoft.ai/events/38214-australia-s-my-2022-23-wheat-output-forecast-at-record-36-6-mil-mt.md) | +9.9% | +9.2% |
| WHEAT | 2017-04-14 | [Record global harvest of cereals, India too heads for a new high](https://feedsoft.ai/events/71586-record-global-harvest-of-cereals-india-too-heads-for-a-new-high.md) | -1.4% | +1.8% |
| WHEAT | 2025-12-19 | [USDA lifts 2025-26 global wheat stocks forecast as higher output offsets record demand](https://feedsoft.ai/events/21549-usda-lifts-2025-26-global-wheat-stocks-forecast-as-higher-output-offsets-record.md) | +0.9% | +0.4% |
| WHEAT | 2021-02-11 | [India to see record wheat harvest in 2021-22 amid higher export prospects](https://feedsoft.ai/events/48580-india-to-see-record-wheat-harvest-in-2021-22-amid-higher-export-prospects.md) | +9.3% | +9.6% |
| WHEAT | 2017-10-12 | [Russia's record wheat crop boosts world wheat ending stock forecast - Grain Central](https://feedsoft.ai/events/68418-russia-s-record-wheat-crop-boosts-world-wheat-ending-stock-forecast-grain.md) | +0.0% | -3.9% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/021523-trade-survey-sees-indias-2022-23-wheat-crop-below-ministrys-forecast-of-record-high

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