As India’s southwest monsoon drew to a close, the agricultural picture looked less alarming than the rainfall numbers alone would suggest. The season ended with rainfall 13% below the long-period average, the weakest monsoon since 2015, yet kharif sowing had recovered substantially from its weak start. But acreage tells us what farmers managed to plant. It does not tell us what those crops will yield, how much water remains for the next season, or what happens to the families whose incomes depend on agriculture. India may have avoided the worst-case scenario during the sowing season, but it has entered the rabi cycle with a smaller water buffer. The more consequential effects of this year’s weather may become visible over the next few months.