India Records Significant Increase in Wheat and Rice Stocks Amid Global Market Stabilization
At the beginning of 2025, India recorded a historic rise in grain stocks, which is crucial for the global agricultural market. According to reports, the country’s government wheat reserves increased by 57%, reaching 11.8 million tons — the highest level in the last three years. This significantly exceeds the target of 7.46 million tons and helps mitigate the risks of shortages that previously caused a sharp rise in domestic prices.
This is reported by AgroReview
Even if the Food Corporation of India (FCI) does not meet its planned wheat procurement targets for 2025, the government will be able to stabilize the situation due to large reserves. In 2025, FCI plans to procure 31 million tons of wheat from farmers, slightly above last year’s figure of 26.6 million tons, as purchases were reduced due to unfavorable harvests. This fosters increased interest in wheat exports — the first in seven years — however, authorities are currently refraining from taking active steps in this direction, maintaining strong domestic reserves as a precaution.
Significance of Record Rice Stocks and Their Impact on the Global Market
In addition to wheat, India has set a historical high for rice stocks — 63.09 million tons, including unmilled rice, which is several times higher than the target of 13.6 million tons. This creates conditions for increasing exports without risking domestic supply, which is an important factor in the context of global price stability.
According to traders, the government may focus on stimulating exports to prevent excessive purchases of the new harvest. India remains the world’s largest rice exporter, accounting for about 40% of the global market. Strong government reserves allow the country to maintain flexibility in foreign trade, especially amid geopolitical instability and inflationary pressures on global food markets.
With record stocks of wheat and rice, India is strengthening its position as a key player in the global grain market, providing the country with strategic advantages to influence global prices. This also contributes to stabilizing price fluctuations and ensuring food security both domestically and internationally.
International Agricultural Conference in Kyiv
The further development of the grain and oilseed market in Ukraine and the Black Sea region will be the topic of the 23rd International Conference BLACK SEA GRAIN.KYIV, which will take place on April 24 in Kyiv. Organizers invite specialists and industry leaders to engage in strategic discussions and network for the further development of the agro-industrial complex.