India: Grain and Feed Update
Post continues to forecast MY 2016/17 wheat production at 88 million metric tons (MMT) based on the initial harvest reports from the major producing states. Due to the timely harvest, government procurement through third week of April 2016 was nearly three times last year procurement. MY 2015/16 rice exports estimated marginally lower at 8.5 MMT on weak export demand for coarse rice.
