Browse Data and Analysis

India’s MY 2016/17 wheat production is forecast at 88 million metric tons (MMT) on lower planting and expected ‘lower than normal’ yields due to moisture and temperature stress at the time of planting

MY 2015/16 rice exports are revised lower to 8 million tons based on the current pace of exports.

Post’s MY 2015/16 milled rice production forecast has been lowered to 100 million metric tons (MMT) on lower yields due to below normal 2015 monsoon.

On October 19th, 2015, the Ministry of Finance issued a notification raising the basic custom duty on imports of wheat to 25 percent (ad valorem on CIF value).

Post’s MY 2015/16 milled rice production forecast has been lowered to 103 MMT from a projected harvested area of 43.2 million hectares on moisture stress due to weak monsoon rains in August-September.

On August 17, 2015, the Ministry of Agriculture (MoA) revised the Indian crop year (ICY) 2014/15 (July-June) grain production estimate to 252.7 million metric tons (MMT).

On August 7, 2015, the Government of India (GOI) imposed an import duty of 10 percent on wheat imports through March 31, 2016.

MY 2015/16 wheat production is estimated lower at 87 million metric tons (MMT) based on preliminary harvest reports from producing states.

MY 2015/16 wheat production is forecast lower at 87 million metric tons (MMT) compared to nearly 96 MMT in 2014/15, on expected damage from untimely rains in March/April.

Post’s MY 2015/16 wheat production forecast has been lowered to 92 million metric tons (MMT) on crop damage due to untimely rains in the first fortnight of March.

Marketing year (MY) 2015/16 wheat production is forecast at 94 million metric tons (MMT), marginally lower than last year’s record production due to less acreage.

The Government of India (GOI) continues to consider rice imports for distribution under governmental feeding programs in the northeastern states, but to date, has not made a decision.