# Record global harvest of cereals, India too heads for a new high

> The FAO estimates the 2016-17 world cereal harvest at a record 2.6 billion tonnes, with global grain stocks reaching a record of about 682 million tonnes. India is also heading for a record cereal crop, with wheat output rising as the previous year's crop is counted.

- Date: 2017-04-14 · published 2017-04-14T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/71586-record-global-harvest-of-cereals-india-too-heads-for-a-new-high
- 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

Record world output and stocks increase global grain supplies and pressure prices lower, which lowers feed grain costs for buyers.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-02-20 | [What a record harvest means for India](https://feedsoft.ai/events/42690-what-a-record-harvest-means-for-india.md) | +2.8% | +11.9% |
| WHEAT | 2020-02-18 | [India to harvest record rice, wheat crops](https://feedsoft.ai/events/54541-india-to-harvest-record-rice-wheat-crops.md) | -0.9% | -0.1% |
| WHEAT | 2023-02-15 | [Trade survey sees India's 2022-23 wheat crop below ministry's forecast of record high \| S&P Global](https://feedsoft.ai/events/37316-trade-survey-sees-india-s-2022-23-wheat-crop-below-ministry-s-forecast-of.md) | -1.4% | -7.1% |
| WHEAT | 2022-10-19 | [On track for near-record harvest - The Guardian](https://feedsoft.ai/events/39071-on-track-for-near-record-harvest-the-guardian.md) | -0.5% | +2.1% |
| WHEAT | 2019-05-12 | [FAO: Record cereal harvests expected for South America in 2019](https://feedsoft.ai/events/59012-fao-record-cereal-harvests-expected-for-south-america-in-2019.md) | -0.4% | +4.7% |
| CORN | 2019-05-12 | [FAO: Record cereal harvests expected for South America in 2019](https://feedsoft.ai/events/59012-fao-record-cereal-harvests-expected-for-south-america-in-2019.md) | +6.9% | +11.9% |
| CORN | 2022-10-06 | [In September, IBGE expects record harvest of 261.9 million tonnes for 2022 \| News Agency](https://feedsoft.ai/events/13692-in-september-ibge-expects-record-harvest-of-261-9-million-tonnes-for-2022-news.md) | +0.8% | +0.2% |
| CORN | 2025-07-03 | [Record harvest of safrinha corn in Brazil](https://feedsoft.ai/events/13483-record-harvest-of-safrinha-corn-in-brazil.md) | -5.1% | -5.0% |

## Sources

- timesofindia.indiatimes.com: https://timesofindia.indiatimes.com/india/record-global-harvest-of-cereals-india-too-heads-for-a-new-high/articleshow/58187896.cms

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