# India's foodgrain output to rise 2.66% to record 305.43 MT in 2020-21: Govt

> India's government estimates 2020-21 foodgrain output at a record 305.43 million tonnes, up 2.66%, with record rice at 121.46 million tonnes and record wheat at 108.75 million tonnes. Coarse cereal output is also projected to rise to 49.66 million tonnes.

- Date: 2021-05-25 · published 2021-05-25T12:00:00.000Z
- Category: report · region India · magnitude medium
- Page: https://feedsoft.ai/events/47051-india-s-foodgrain-output-to-rise-2-66-to-record-305-43-mt-in-2020-21-govt
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record Indian rice and wheat crops increase domestic supply available for export and feed use, which is bearish for global grain prices.

## Read by commodity

- CORN: neutral
- RICE: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2017-02-15 | [Govt sees record foodgrain output at 271.98 mt](https://feedsoft.ai/events/72445-govt-sees-record-foodgrain-output-at-271-98-mt.md) | +0.3% | +2.5% |
| RICE | 2018-06-13 | [India’s food grain production to reach new record \| World-grain.com \| June 13, 2018 14:12 \| World Grain](https://feedsoft.ai/events/64486-india-s-food-grain-production-to-reach-new-record-world-grain-com-june-13-2018.md) | +2.4% | -1.0% |
| RICE | 2020-11-06 | [India’s rice production on the rise \| 2020-11-06  \| World Grain](https://feedsoft.ai/events/50116-india-s-rice-production-on-the-rise-2020-11-06-world-grain.md) | -4.9% | -3.5% |
| RICE | 2017-08-16 | [Govt revises grain output to record high of 275.68 million tonnes in FY17 \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/69413-govt-revises-grain-output-to-record-high-of-275-68-million-tonnes-in-fy17.md) | -0.3% | +3.2% |
| 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% |
| WHEAT | 2017-02-15 | [Govt sees record foodgrain output at 271.98 mt](https://feedsoft.ai/events/72445-govt-sees-record-foodgrain-output-at-271-98-mt.md) | -0.9% | -1.1% |
| WHEAT | 2020-12-09 | [Grain output forecast to rise in EU in 2021 \| 2020-12-09  \| World Grain](https://feedsoft.ai/events/49591-grain-output-forecast-to-rise-in-eu-in-2021-2020-12-09-world-grain.md) | -1.1% | +4.5% |
| WHEAT | 2023-05-22 | [IGC sees record total grains output in 2023-24 \| World Grain](https://feedsoft.ai/events/35982-igc-sees-record-total-grains-output-in-2023-24-world-grain.md) | -0.4% | -4.6% |

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/india-s-foodgrain-output-to-rise-2-66-to-record-305-43-mt-in-2020-21-govt-121052501283_1.html

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