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

Government could buy more wheat to support local prices India's wheat production could jump to a second consecutive annual record in 2020 as the wettest monsoon in 25 years is set to help farmers in expanding the area under the winter-sown crop while also boosting yields. But that higher production would add to India's already swelling inventories, potentially forcing the world's second-biggest wheat producer to ramp up procurement of the grain from farmers and provide incentives for overseas sales to support local prices.

“The area under wheat and yields would rise due to good rainfall. We can certainly produce more than last year's record production. India grew 102.19 million tonnes of wheat in 2019. The country received monsoon rains during the June-September season that were 10% above average and the rainfall continued during October and November, increasing soil moisture levels required for crop sowing. India exported 226,225 tonnes wheat in the 2018/19 fiscal year that ended on March 31, compared to a record 6.5 million tonnes in 2012/13.