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.
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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.
October WASDE raises the US corn yield 2.7 bushels to 181.2 per acre and cuts India's 2026/27 rice exports to 24.00 million tonnes from 25.00 million. World rice stocks rise to 198.5 million tonnes.
Provisional Defra figures put English barley at 3.7 million tonnes, down 11%, and oats at 527,000 tonnes, down 29%. Wheat edged up 0.8% to 10.8 million tonnes and oilseed rape rose 43%.
The Cabinet set wheat at Rs 2,610 and rapeseed and mustard at Rs 6,613 per quintal for 2027-28, with the largest increases for safflower, mustard and lentil.
Reporting from earlier editions of The Agrotech Daily. Figures, prices and policies may have changed since.