# India’s record high prices spur wheat sowing, area up nearly 11% y/y

> Indian farmers planted wheat on 15.3 million hectares as of late November, up nearly 11% from a year earlier, as record wheat prices encouraged planting. Rapeseed area also rose to 7.1 million hectares, and the government is weighing whether to lift the May wheat export ban.

- Date: 2022-11-28 · published 2022-11-28T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/38631-india-s-record-high-prices-spur-wheat-sowing-area-up-nearly-11-y-y
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Larger Indian wheat area points to a bigger crop and a possible easing of the export ban, which would add supply to global wheat markets and weigh on prices.

## Read by commodity

- WHEAT: bearish ▼
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-04-19 | [Record wheat, rice stocks as spells of rain shielded crops \| India News](https://feedsoft.ai/events/25059-record-wheat-rice-stocks-as-spells-of-rain-shielded-crops-india-news.md) | +2.5% | +2.9% |
| WHEAT | 2019-12-07 | [Wheat Production Expected to Hit New High in 2020 after Record Monsoon Rains in India - Grainmart News](https://feedsoft.ai/events/55557-wheat-production-expected-to-hit-new-high-in-2020-after-record-monsoon-rains-in.md) | -3.5% | -0.6% |
| WHEAT | 2021-04-29 | [Amid COVID-19 chaos and protests, India's farmers eye record wheat crop](https://feedsoft.ai/events/47566-amid-covid-19-chaos-and-protests-india-s-farmers-eye-record-wheat-crop.md) | -5.4% | -5.4% |
| WHEAT | 2023-04-05 | [USA: Wheat Spread Hits Record As Drought Plagues Midwest](https://feedsoft.ai/events/36445-usa-wheat-spread-hits-record-as-drought-plagues-midwest.md) | -2.9% | -2.8% |
| WHEAT | 2017-10-02 | [Wheat hits 1-wk low on higher US output, soybean prices ease](https://feedsoft.ai/events/7537-wheat-hits-1-wk-low-on-higher-us-output-soybean-prices-ease.md) | +6.0% | +10.8% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/indias-record-high-prices-spur-wheat-sowing-area-up-nearly-11-y-y/

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