GFM Network News

India to focus on wheat exportsto deal with record stockpile

Weigh Increased exports could weigh on global grain prices at a time when many exporters are expecting a return to better harvests

Reading Time: 3 minutes India will do everything it can to push record volumes of wheat onto the global market to cut massive stocks, a senior Farm Ministry official said March 6, in a move that could hit shipments of other grains using rail and congested ports. The world’s No. 2 wheat producer is expecting another bumper harvest to […] Read more

India confirms drought as El Nino looms

India’s monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season. India, one of the world’s largest food producers […] Read more

India Sees Partial Late Monsoon Recovery

Reading Time: 2 minutes Late end-season rains will help narrow India’s total monsoon rainfall deficit to 15 to 18 per cent, boosting depleted reservoirs and helping winter crops, the head of the Indian weather office told Reuters Sept. 8. Since June 1, monsoon rains have been 20 per cent below normal and heavy showers in the past week have […] Read more