India rice output set for biggest drop in nearly 20 years as weak rains hit yields
Industry officials said output could drop by around 10 million metric tons as below-normal rainfall cuts yields and pushes local prices higher.
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9 Articles
India rice output faces biggest drop in two decades, stocks cushion ...
India rice output set for biggest drop in nearly 20 years as weak rains hit yields
India's rice production faces a significant decline this year. Below-normal rainfall during maturation threatens to reduce crop yields substantially. This drop will increase local prices and make exports more expensive. However, large existing stockpiles will allow India to maintain record export levels. Farmers may receive higher prices for premium varieties in the open market.
India's Rice Production Expected to Decline by 6.5% Due to Insufficient Rainfall
India’s rice production is anticipated to witness a decrease this year as a result of inadequate rainfall during the critical maturation period of the crop. Industry officials have indicated that the output could fall by approximately 10 million metric tonnes, translating to a nearly 6.5 per cent reduction from last year’s record production of 154 […]
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