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Last year:
India is heading for third consecutive record wheat harvest with marketing year (MY) 2019/20 (April/March) production forecast at 100 million metric tons (MMT). After two consecutive record harvests, MY 2019/20 rice production is forecast at 112 MMT, still the fourth highest crop on record. Indian wheat remains uncompetitive in the international market, with MY 2019/20 wheat exports forecast at just 550,000 MT. However, India will remain the leading supplier of rice in the international market with MY 2019/20 exports forecast at 12 MMT, unchanged from the previous year. MY 2019/20 coarse grain production is forecast to recover to 44.9 MMT, but corn imports are forecast to increase to 1.0 MMT on growing feed demand.

This year:
On May 15, 2020, the Ministry of Agriculture and Farmers Welfare (MoAFW) raised the third advance estimates of production of grains for the Indian crop year (ICY) 2019/20 (July-June) to a record 295.7 million metric tons (MMT), with estimated record rice, wheat and corn production. MY 2020/21 wheat production was raised higher to a record 107.2 MMT on reports of higher-than-expected yields, and ending stocks were raised to a record 31.2 MMT. MY 2019/20 corn production was raised higher to a record 28.9 MMT, consumption lowered to 28 MMT, and ending stocks were increased to 2.15 MMT. No reported significant change in rice production, supply and distribution (PSD) estimates.

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