# Govt eyes record 285.2 MT foodgrain output in 2018-19 despite deficit rains so far this monsoon – Firstpost

> The Indian government set a record 285.2 million tonne foodgrain target for 2018-19, despite a 9 percent monsoon rain deficit. Targets include 113 MT rice, 100 MT wheat, 46.7 MT coarse cereals, and 36 MT oilseeds.

- Date: 2018-09-18 · published 2018-09-18T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/63000-govt-eyes-record-285-2-mt-foodgrain-output-in-2018-19-despite-deficit-rains-so
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The record target implies India expects output to hold up, which keeps rice and wheat supply comfortable, though weak monsoon rains are a risk to achieving it.

## Read by commodity

- RICE: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-08-26 | [Despite floods, government eyes record foodgrain output](https://feedsoft.ai/events/57551-despite-floods-government-eyes-record-foodgrain-output.md) | +6.3% | +9.8% |
| RICE | 2021-04-30 | [Government banks on ‘normal’ monsoon, targets record foodgrain output](https://feedsoft.ai/events/47567-government-banks-on-normal-monsoon-targets-record-foodgrain-output.md) | +4.0% | -1.0% |
| RICE | 2020-03-30 | [U.S rice imports in 2019 are projected at a record high for third consecutive year \| Economic Research Service](https://feedsoft.ai/events/54209-u-s-rice-imports-in-2019-are-projected-at-a-record-high-for-third-consecutive.md) | +4.2% | +21.5% |
| RICE | 2023-06-15 | [FAO Forecasts World Rice Output to Rise 1.3 Percent in 2023-2024 Season - ក្រសួងព័ត៌មាន](https://feedsoft.ai/events/35557-fao-forecasts-world-rice-output-to-rise-1-3-percent-in-2023-2024-season.md) | -0.1% | +0.6% |
| RICE | 2021-06-13 | [Explained: In Covid-19 pandemic, here are four food records \| Explained News - The Indian Express](https://feedsoft.ai/events/46515-explained-in-covid-19-pandemic-here-are-four-food-records-explained-news-the.md) | -1.9% | -1.5% |
| WHEAT | 2019-08-26 | [Despite floods, government eyes record foodgrain output](https://feedsoft.ai/events/57551-despite-floods-government-eyes-record-foodgrain-output.md) | +0.9% | -0.2% |
| WHEAT | 2021-04-30 | [Government banks on ‘normal’ monsoon, targets record foodgrain output](https://feedsoft.ai/events/47567-government-banks-on-normal-monsoon-targets-record-foodgrain-output.md) | -5.5% | -5.0% |
| WHEAT | 2017-03-30 | [World grain output expected to fall as record 2016 harvest weighs on prices](https://feedsoft.ai/events/72022-world-grain-output-expected-to-fall-as-record-2016-harvest-weighs-on-prices.md) | +0.4% | +1.2% |

## Sources

- firstpost.com: https://www.firstpost.com/business/govt-eyes-record-285-2-mt-foodgrain-output-in-2018-19-despite-deficit-rains-so-far-this-monsoon-5207481.html

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