# India's wettest monsoon in 25 years could lift 2020 wheat output to record

> India's monsoon this year was its wettest in 25 years, and this could lift its 2020 wheat output to a record. Export offers from India are priced above $300 a tonne FOB, while competing origins are available below $250 a tonne. The dealer comments suggest Indian wheat would struggle to compete in export markets at current prices.

- Date: 2019-11-29 · published 2019-11-29T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/56037-india-s-wettest-monsoon-in-25-years-could-lift-2020-wheat-output-to-record
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A record Indian wheat crop would add supply to a global market already priced competitively, pressuring wheat export prices. Higher Indian output also reduces import needs in the region.

## 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 | 2019-12-07 | [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 | 2024-12-18 | [COMMODITIES 2025: Australia to see jump in wheat output but quality concerns remain \| S&P Global](https://feedsoft.ai/events/26922-commodities-2025-australia-to-see-jump-in-wheat-output-but-quality-concerns.md) | +1.4% | -0.4% |
| 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 | 2020-12-03 | [Australia to Harvest Second Biggest Wheat Crop on Record \| Feed & Grain](https://feedsoft.ai/events/49623-australia-to-harvest-second-biggest-wheat-crop-on-record-feed-and-grain.md) | +9.8% | +9.8% |

## Sources

- reuters.com: https://www.reuters.com/article/india-wheat/indias-wettest-monsoon-in-25-years-could-lift-2020-wheat-output-to-record-idINKBN1Y30O6/

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