# India’s food grain production to reach new record | World-grain.com | June 13, 2018 14:12 | World Grain

> USDA's Foreign Agricultural Service projects India's 2017-18 food grain output at a record 279.5 million tonnes, above the prior estimate of 277.5 million. Record rice, wheat, corn and pulse production is expected, supported by monsoon rains and government policy. India also raised the basic customs duty on wheat to 30% to protect domestic growers.

- Date: 2018-06-13 · published 2018-06-13T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/64486-india-s-food-grain-production-to-reach-new-record-world-grain-com-june-13-2018
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Larger Indian harvests and higher import duties reduce India's need for imported wheat, corn and pulses, which is bearish for global grain demand and prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-06-23 | [Grain production record expected in India \| World Grain](https://feedsoft.ai/events/18740-grain-production-record-expected-in-india-world-grain.md) | -1.3% | +3.1% |
| WHEAT | 2017-02-14 | [Australia’s wheat production reaches record high \| World-grain.com \| February 14, 2017 15:45 \| World Grain](https://feedsoft.ai/events/72462-australia-s-wheat-production-reaches-record-high-world-grain-com-february-14.md) | -0.8% | -1.2% |
| WHEAT | 2017-03-08 | [India’s foodgrain production grows 8.1% in 2016-17](https://feedsoft.ai/events/71973-india-s-foodgrain-production-grows-8-1-in-2016-17.md) | -0.6% | +0.2% |
| WHEAT | 2019-01-28 | [Record foodgrain production, procurement in 2018-19: Paswan](https://feedsoft.ai/events/61067-record-foodgrain-production-procurement-in-2018-19-paswan.md) | +0.1% | -2.8% |
| WHEAT | 2020-02-18 | [Foodgrain production set to touch a record high - The Hindu](https://feedsoft.ai/events/54544-foodgrain-production-set-to-touch-a-record-high-the-hindu.md) | -0.9% | -0.1% |
| CORN | 2026-06-23 | [Grain production record expected in India \| World Grain](https://feedsoft.ai/events/18740-grain-production-record-expected-in-india-world-grain.md) | -4.1% | +3.5% |
| CORN | 2018-10-10 | [Brazil corn production forecast higher \| 2018-10-10  \| World Grain](https://feedsoft.ai/events/62372-brazil-corn-production-forecast-higher-2018-10-10-world-grain.md) | +4.0% | +4.0% |
| CORN | 2017-06-19 | [Brazil on track for record corn output \| World-grain.com \| June 19, 2017 15:09 \| World Grain](https://feedsoft.ai/events/70330-brazil-on-track-for-record-corn-output-world-grain-com-june-19-2017-15-09-world.md) | -5.4% | -1.7% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/10512-india-s-food-grain-production-to-reach-new-record

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