India: Grain and Feed Voluntary - June 2019
On June 3, 2019, the Ministry of Agriculture and Farmer Welfare (MoAFW) raised its estimate of grain production for the Indian Crop Year (ICY) 2018/19 (July-June) to a near-record 283.4 MMT on record production of rice and wheat. MY 2019/20 forecast rice production is unchanged at 112 MMT from 44 million hectares on expected normal yield. MY 2018/19 rice exports are revised lower based on the current pace of exports. MY 2018/19 corn production is estimated at 26.5 MMT on lower planting and expected lower yield. MY 2019/20 corn production is still forecast at 27 MMT from 9.5 million hectares on lower yield due to the new pest, fall army worm.
India: Grain and Feed Voluntary - June 2019
