# What a record harvest means for India

> Mint reports government second advance estimates putting India's 2021-22 foodgrain output at a record 316 million tonnes, 8% above the five-year average. Oilseed output is estimated at over 37 million tonnes. Excess September-October rains delayed harvests and damaged some crops.

- Date: 2022-02-20 · published 2022-02-20T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/42690-what-a-record-harvest-means-for-india
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A record domestic harvest reduces India's import needs for pulses and oilseeds, which may ease demand on world markets. Higher domestic supply could also weigh on rice prices.

## Read by commodity

- RICE: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-02-18 | [India to harvest record rice, wheat crops](https://feedsoft.ai/events/54541-india-to-harvest-record-rice-wheat-crops.md) | +0.3% | +2.1% |
| RICE | 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) | -3.9% | +0.6% |
| RICE | 2019-03-13 | [India forecast to harvest record rice crop \| 2019-03-13  \| World Grain](https://feedsoft.ai/events/60050-india-forecast-to-harvest-record-rice-crop-2019-03-13-world-grain.md) | +2.8% | -1.9% |
| RICE | 2021-05-25 | [Indian farmers expect to harvest record wheat, rice crops this year](https://feedsoft.ai/events/47052-indian-farmers-expect-to-harvest-record-wheat-rice-crops-this-year.md) | +1.0% | +0.0% |
| RICE | 2025-09-17 | [India's rice stocks hit record, wheat at four-year high - The HinduBusinessLine](https://feedsoft.ai/events/22817-india-s-rice-stocks-hit-record-wheat-at-four-year-high-the-hindubusinessline.md) | -2.2% | -8.6% |
| WHEAT | 2020-02-18 | [India to harvest record rice, wheat crops](https://feedsoft.ai/events/54541-india-to-harvest-record-rice-wheat-crops.md) | -0.9% | -0.1% |
| 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 | 2022-10-19 | [On track for near-record harvest - The Guardian](https://feedsoft.ai/events/39071-on-track-for-near-record-harvest-the-guardian.md) | -0.5% | +2.1% |

## Sources

- livemint.com: https://www.livemint.com/economy/what-a-record-harvest-means-for-india-11645380242478.html

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