India: Grain Voluntary Update
MY 2015/16 rice exports are revised lower to 8 million tons based on the current pace of exports. MY 2015/16 corn imports estimated higher at 400,000 metric tons based on the recent government allocation under the tariff rate quota (TRQ) imports. Indian wheat production in the upcoming MY 2016/17 likely to decline for the second consecutive year on adverse weather conditions during planting and early growth stages.
