India: India Grain Voluntary - September 2020
Link to report:
On August 19, 2020, the Ministry of Agriculture and Farmers Welfare (MoAFW) raised the Indian crop year (ICY) 2019/20 (July-June) grain production estimate to a record 296.7 million metric tons, (MMT) a significant increase from the 295.7 MMT (May 2020) third advance estimate. Post’s Market Year 2019/20 Production, Supply and Demand (PS&D) estimates for rice, corn, millet and sorghum, and the MY 2020/21 PS&D for wheat and barley are revised to reflect the latest official forecasts. MY 2020/21 rice production forecast is also raised higher to 120 MMT on favorable planting and yield prospects on excellent monsoon rains. MY 2019/20 rice exports are estimated at 11 MMT, and 2020/21 exports forecast at 11.5 MMT.
