IGC forecasts first fall in world rice output in over 10 years
The 15 October Grain Market Report puts 2026/27 rice production at 536m t, down 2% and including a 6m t decline in India, and raises the total grains forecast by 7m t to 2,427m t.
From the input to the market: the decisions behind what is grown, sold and funded.
The 15 October Grain Market Report puts 2026/27 rice production at 536m t, down 2% and including a 6m t decline in India, and raises the total grains forecast by 7m t to 2,427m t.
Five stories in rows, each weekday morning. The decisions, deals and data behind agribusiness, in preparation now.
The support price board
The minimum support price the Cabinet has fixed for each crop, against last season and the cost of production it states. These are support prices, not market prices.
| Crop | MSP | Change | Support price against last season | Margin over cost |
|---|---|---|---|---|
| Cereals | ||||
| Wheat | 2,610 | +25 | 106% | |
| Barley | 2,286 | +136 | 58% | |
| Pulses | ||||
| Gram | 5,958 | +83 | 59% | |
| Lentil (Masur) | 7,390 | +390 | 92% | |
| Oilseeds | ||||
| Rapeseed & Mustard | 6,613 | +413 | 96% | |
| Safflower | 7,215 | +675 | 50% | |
Rs per quintal. Rabi marketing season 2027-28, approved by the Cabinet on 30 September 2026. Margin over cost is as stated in the release, against the cost of production that includes family labour. Source: Press Information Bureau.
| Crop | MSP | Change | Support price against last season | Margin over cost |
|---|---|---|---|---|
| Cereals | ||||
| Paddy (Common) | 2,441 | +72 | 50% | |
| Paddy (Grade A) | 2,461 | +72 | n/s | |
| Jowar (Hybrid) | 4,023 | +324 | 50% | |
| Jowar (Maldandi) | 4,073 | +324 | n/s | |
| Bajra | 2,900 | +125 | 56% | |
| Ragi | 5,205 | +319 | 50% | |
| Maize | 2,410 | +10 | 56% | |
| Pulses | ||||
| Tur/Arhar | 8,450 | +450 | 54% | |
| Moong | 8,780 | +12 | 61% | |
| Urad | 8,200 | +400 | 51% | |
| Oilseeds | ||||
| Groundnut | 7,517 | +254 | 50% | |
| Sunflower Seed | 8,343 | +622 | 50% | |
| Soybean (Yellow) | 5,708 | +380 | 50% | |
| Sesamum | 10,346 | +500 | 50% | |
| Nigerseed | 10,052 | +515 | 50% | |
| Commercial | ||||
| Cotton (Medium Staple) | 8,267 | +557 | 50% | |
| Cotton (Long Staple) | 8,667 | +557 | n/s | |
Rs per quintal. Kharif marketing season 2026-27, approved by the Cabinet on 13 May 2026. Margin over cost is as stated in the release, against the cost of production that includes family labour. Source: Press Information Bureau.
Support price Last season
The policy desk
Support prices, procurement, schemes and the rules of trade, read for what they change.
A Food Alert for Action issued on 10 October 2026 tells UK businesses to withdraw and recall eggs from one Ukrainian supplier. UKHSA links the strain to 36 cases in England this year.
Members of FAWL, Red Tractor and Pasture for Life can use their membership to meet two UA12 animal health steps in the 2026 Sustainable Farming Scheme, with wider integration planned from 2027.
DAERA's Sustainable Farming Investment Scheme pays 40% grants on listed equipment, with £40m planned over three to four years. Offers must be accepted within 28 days.
The news desk
India's TEC and ICAR hosted the ITU-coordinated GI-AI4FS alongside India Mobile Congress, after an 8 to 9 October AI hackathon. Working group chairs and terms of reference were on the agenda.
The capital desk
Who is putting money into farming, how much, and on what terms.
Revenue was €1,700.2 million in H1 2026/27 as ethanol margins lifted starch and the sugar loss narrowed. AGRANA guides to full-year EBIT of €90 million to €110 million.
Our data
Funding rounds, grants, acquisitions and listings in agribusiness and agtech, newest first.
| Date | Company | Country | Sector | Type | Amount | Led by |
|---|---|---|---|---|---|---|
| University of Lincoln | United Kingdom | Machinery and robotics | Grant | £4.8 million | Innovate UK | |
| NABVENTURES | India | Agri finance and insurance | Fund first close | INR 450 crore | NABARD | |
| BloomX | Israel | Machinery and robotics | Series A | US$13 million | Elah Fund | |
| hexafarms | Germany | Farm software and data | Seed | €4.8 million | Ananda Impact Ventures, Green Generation Fund | |
| Cotierra | Switzerland | Carbon and climate | Undisclosed round | US$3 million | PINC, Carbon Removal Partners | |
| ArkeaBio | United States | Animal health and livestock | Series A | US$15 million | AgriZeroNZ | |
| Sproutlife Foods | India | Food processing and ingredients | Acquisition | around INR 645 crore | ITC | |
| Balwaan Krishi | India | Machinery and robotics | Series B | INR 100 crore | First Bridge India Growth Fund Private Equity | |
| Balrampur Chini Mills | India | Food processing and ingredients | Grant | INR 75 crore | Biotechnology Industry Research Assistance Council (BIRAC) | |
| SunCulture | Kenya | Irrigation and water | Debt | US$10 million | Mirova (Gigaton Fund) | |
| The James Hutton Institute | United Kingdom | Carbon and climate | Grant | £2.7 million | Advanced Research and Innovation Agency (ARIA) | |
| Robigo | United States | Biologicals and crop protection | Series A | n/d | Leaps by Bayer |
No deals match these filters.
Amounts are as announced, in the currency given. n/d: not disclosed, or not verified from a source we could cite. Know of a deal we have missed? Send it to the desk.
Dealers registered 76,906 tractors in India in September 2026, up 13.75% on a year earlier but down 12.58% from August, according to the Federation of Automobile Dealers Associations.
Digital Bharat Nidhi, BSNL and state agencies will cover 28,237 gram panchayats and give on-demand links to 15,799 villages, with more than nine lakh rural home fibre connections expected.
The climate desk
The monsoon, the water table and the carbon in the soil, measured before it is argued about.
Squads cover 18 districts in Punjab and 16 in Haryana from 1 October to 30 November and report daily. Punjab logged 84 farm fires by 5 October, according to IANS.
A temporary rule lets irrigation licence holders in England fill storage reservoirs from 1 October instead of November. Eighteen East Anglian catchments and 43 salmon river catchments are excluded.
The science desk
Seeds, crop protection, biologicals, fertilisers and animal health, with the regulator and the jurisdiction every time.
A risk assessment published on 6 October puts per-animal risk at Negligible for US imports and Very Low for Brazil and Argentina, but says larvae could survive in Britain from April to October.
SynTech India Regulatory Services will offer registration support, field studies and GLP study coordination to agrochemical, biological, plant nutrition and seed firms. Location and leadership were not disclosed.
Is it registered, and where? Every claim we report about a pesticide, biological, seed, fertiliser or animal health product names the regulator and the jurisdiction, and a company’s results stay the company’s claim.
How we report product claimsThe Directory
The groups behind the machinery, seed, crop protection and fertiliser that farms buy. Each profile lists its businesses, its people and the filings the figures come from.
Browse the full DirectoryNo profile matches that name yet. See the full Directory.
Agri Suppliers Guide
Products and services for farm businesses in India and the United Kingdom, sorted by what a buyer is looking for.
Tractors, Harvesters, Tillage and sowing implements
Guidance and auto-steer, Field and soil sensors, Weather stations
Farm management software, Satellite and remote sensing, Traceability
Spray drones, Drone services, Sprayers
Drip and micro irrigation, Sprinklers, Pumps
Field crop seeds, Vegetable seeds, Nursery and tissue culture
Insecticides, Fungicides, Herbicides
Biopesticides, Biofertilisers, Biostimulants
Fertilisers, Micronutrients, Soil and tissue testing
Greenhouses and polytunnels, Vertical farming systems, Climate control
Grain storage and handling, Cold chain, Packhouse equipment
Dairy equipment, Feed and nutrition, Animal health
Agri lending, Crop insurance, Warehouse receipt finance
Certification bodies, Residue and quality testing, Compliance services
Solar pumps, Biogas, Farm renewables
Events
Dates and venues are taken from each organiser’s website. Links open the official event page.