# Foodgrain production to remain at last year's record level in 2018 | Commodity - Food & Edible Oils - Business Standard

> India's agriculture sector expects foodgrain output to repeat last year's record of over 275 million tonnes in 2017-18 on good rains. Several states have announced large farm loan waivers, and experts warn of a farm crisis as prices fall below support levels.

- Date: 2017-12-17 · published 2017-12-17T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/67456-foodgrain-production-to-remain-at-last-year-s-record-level-in-2018-commodity
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Large domestic supplies and weak farm prices keep Indian grain prices under pressure and reduce import demand.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-10-22 | [Mint Primer: Making sense of India’s record food production \| Mint](https://feedsoft.ai/events/33583-mint-primer-making-sense-of-india-s-record-food-production-mint.md) | -2.5% | -4.8% |
| WHEAT | 2016-07-21 | [Canada’s grain production forecast flat \| World-grain.com \| July 21, 2016 19:19 \| World Grain](https://feedsoft.ai/events/11817-canada-s-grain-production-forecast-flat-world-grain-com-july-21-2016-19-19.md) | -1.3% | +0.0% |
| WHEAT | 2022-01-01 | [Farm production tipped to break record $78b this financial year](https://feedsoft.ai/events/43535-farm-production-tipped-to-break-record-78b-this-financial-year.md) | -0.4% | +9.4% |
| WHEAT | 2026-09-02 | [National winter crop production forecast to fall, still the fourth-largest on record. - ABC listen](https://feedsoft.ai/events/17452-national-winter-crop-production-forecast-to-fall-still-the-fourth-largest-on.md) | +0.7% | +2.9% |
| WHEAT | 2024-07-30 | [India’s grain production remains strong \| World Grain](https://feedsoft.ai/events/29226-india-s-grain-production-remains-strong-world-grain.md) | +4.9% | -3.3% |

## Sources

- business-standard.com: https://www.business-standard.com/article/markets/foodgrain-production-to-remain-at-last-year-s-record-level-in-2018-117121700213_1.html

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