India: Grain and Feed Annual
Link to report:
India is on course to hit its third record wheat crop in MY 2025/2026 forecast on higher planting and optimal growing conditions. Consumption is likely to recover from last year’s drop, but export bans on wheat and wheat products are likely to continue due to inflation concerns. After consecutive record harvests over the last nine years, rice production in upcoming MY 2025/2026 is expected to steady at 143 MMT; exports are forecast up to 24 MMT (record) on sufficient supplies and competitive prices as the government liquidates excess rice stocks in the domestic market. Indian corn production in MY 2025/2026 is also forecast higher on growing demand for corn for the ethanol blending program.