India: Grain and Feed Annual
India’s MY 2016/17 wheat production is forecast at 88 million metric tons (MMT) on lower planting and expected ‘lower than normal’ yields due to moisture and temperature stress at the time of planting and early growth stage. Consequently, India is set to emerge as net importer of wheat in MY 2016/17 with imports forecast at 1 MMT and exports at 0.2 MMT. Post currently forecasts MY 2016/17 imports at 1 MMT. Assuming normal 2016 monsoon (June-September) and weather conditions, MY 2016/17 (October/September) rice production is forecast higher at 105 MMT and coarse grain production at 41.7 MMT.
