India: Grain and Feed Annual
India is heading for third consecutive record wheat harvest with marketing year (MY) 2019/20 (April/March) production forecast at 100 million metric tons (MMT). After two consecutive record harvests, MY 2019/20 rice production is forecast at 112 MMT, still the fourth highest crop on record. Indian wheat remains uncompetitive in the international market, with MY 2019/20 wheat exports forecast at just 550,000 MT. However, India will remain the leading supplier of rice in the international market with MY 2019/20 exports forecast at 12 MMT, unchanged from the previous year. MY 2019/20 coarse grain production is forecast to recover to 44.9 MMT, but corn imports are forecast to increase to 1 MMT on growing feed demand.
