India: India Grain and Feed Update - December 2022

  |   Attaché Report (GAIN)   |   IN2022-0110

Planting of India’s rabi season (winter sown, spring harvested) crops, which includes wheat, is progressing well under adequate soil moisture conditions and irrigation water availability. Market year (MY) 2022/2023 rice production is estimated higher at 125 million metric tons (MMT) as late rains in September-October have improved yield prospects in the previously moisture-stressed Gangetic Plains region. MY 2022/2023 wheat production is raised marginally higher to 100 MMT, while exports are lowered to 6 MMT and ending stocks lowered to 9.5 MMT. MY 2022/2023 corn production is lowered to 31 MMT, with exports dropping to 2.4 MMT and ending stocks falling to 1 MMT on forecasted tight supplies.

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