India: India - Grain and Feed Update - December 2023

  |   Attaché Report (GAIN)   |   IN2023-0092

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Office of Agricultural Affairs, New Delhi   |   (011-91-11) 2419-8769

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India: India - Grain and Feed Update - December 2023
Planting of India’s rabi season (i.e., winter sown, spring harvested) crops is progressing somewhat slower than anticipated due to relatively dry soil moisture conditions. FAS New Delhi (Post) continues to forecast India’s rice production in market year (MY) 2023/2024 (October-September) at 128 million metric tons (MMT) as domestic prices rose to record highs in November 2023 on expectations of a smaller crop. MY 2023/2024 consumption is lowered to 115 MMT and ending stocks reduced to 30.5 MMT. Forecast MY 2023/2024 (November-October) corn exports are lowered to 2.5 MMT due to relatively high Indian corn prices.
South and Central Asia, India
Grains, Feeds and Fodders, Corn, Rice, Wheat

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