India: Grain and Feed Update

  |   Attaché Report (GAIN)

The minimum support prices (MSP) for rabi (winter planted) crops for MY 2015/16 have been raised; the MSP for wheat by INR 500 per metric ton to 14,500 ($236) per metric ton. MY 2013/14 rice export estimate is raised to 10.3 million metric tons (MMT) based on the preliminary monthly export figures. MY 2013/14 rice ending stocks have been revised lower to 22.5 MMT based on the published official rice stock estimates. Consumption was raised to 99.2 MMT reflecting the change in ending stocks.

India: Grain and Feed Update

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