GRANARIES OVERFLOWING, INDIA FACES A PROBLEM OF PLENTY

Article Abstract:

The prospects of food grain harvest exceeding 200 million tonnes in 1999 is likely to pose problems for India's food managers in the next few months. The stock position of wheat and rice with the Food Corporation of India stood at 24.4 million tonnes on January 1, 1999. The stock position is expected to be at least 20.8 million tonnes on April 1, 1999 against the buffer requirement of 15.8 million tonnes. The food ministry will have to solve the problem of plenty as the wheat harvest starts arriving in the markets in the next few days. (khr)

Market information - general, Forecasts, trends, outlooks, Wheat, Wheat Farming, Food Corporation of India

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INDIA'S RICE EXPORTS DOUBLE, TOUCH 2.97 M T

Article Abstract:

Rice exports from India have doubled from 1.61 million tonnes in 1997 to 2.97 million tonnes in 1998. Exports of rice to the US and Australia declined while exports to Japan, South Africa and Malaysia increased in 1998. Exports to the US declined to 9682 tonnes during January-October 1998 compared to 84,442 tonnes during January-October 1997. Out of this, non-basmati rice exports fell to 389 tonnes from 45,585 tonnes while basmati rice exports fell to 9293 tonnes from 38,857 tonnes. (khr)

Marketing procedures

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