# Wheat Production Expected to Hit New High in 2020 after Record Monsoon Rains in India - Grainmart News

> Grainmart News reports that India's wheat production could reach a new high in 2020 after record monsoon rains. It cites a 102.19 million tonne crop in 2019 and wheat stocks of 37.4 million tonnes as of November 1, 13% above the prior year. Higher MSP support is also cited as a factor.

- Date: 2019-12-07 · published 2019-12-07T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/55557-wheat-production-expected-to-hit-new-high-in-2020-after-record-monsoon-rains-in
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expectations of a record Indian crop and large stocks point to ample supply for exporters, which is bearish for wheat prices.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-12-04 | [India's wettest monsoon in 25 years could yield record 2020 wheat output \| The Western Producer](https://feedsoft.ai/events/55556-india-s-wettest-monsoon-in-25-years-could-yield-record-2020-wheat-output-the.md) | -3.6% | -1.0% |
| WHEAT | 2019-11-29 | [India's wettest monsoon in 25 years could lift 2020 wheat output to record](https://feedsoft.ai/events/56037-india-s-wettest-monsoon-in-25-years-could-lift-2020-wheat-output-to-record.md) | -0.1% | -1.3% |
| WHEAT | 2025-06-19 | [EU wheat production set to rebound in MY 2025-26 despite dryness in key growing regions](https://feedsoft.ai/events/24139-eu-wheat-production-set-to-rebound-in-my-2025-26-despite-dryness-in-key-growing.md) | -3.0% | -5.0% |
| 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 | 2020-08-04 | [NSW crop production set to triple in size after sharp turnaround in rainfall - ABC News](https://feedsoft.ai/events/51555-nsw-crop-production-set-to-triple-in-size-after-sharp-turnaround-in-rainfall.md) | -2.1% | -0.7% |

## Sources

- grainmart.in: https://www.grainmart.in/news/wheat-production-expected-to-hit-new-high-in-2020-after-record-monsoon-rains-in-india/

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