“We still have time left for planting and rains to pick up,” Rao from the Rice Exporters Association said. Area planted under rice is 27 per cent lower so far, compared to the year before. ![]() Until Friday, the area planted under different kharif crops was 5 per cent lower year-on-year. But sowing is likely to pick up pace as the monsoon progresses. The slow progress of monsoon did impact planting of kharif crops in June, estimates from the agriculture ministry show. However, the rice area under irrigation is high in Uttar Pradesh (86 per cent), and since Chhattisgarh, Odisha and Assam contribute less than a fifth to India’s total rice production, the impact of erratic rains is likely to be limited. Rainfall data from the India Meteorological Department (IMD) shows that, until 1 July, the monsoon has seen a deficit of 6 per cent compared to the long period or 50-year average, with central India recording a deficit of 28 per cent.Īmong the top 10 rice-growing states, rains have been deficient in Uttar Pradesh (-46 per cent), Chhattisgarh (-27 per cent) and Odisha (-37 per cent), while Assam is battling severe floods (59 per cent surplus rains). The June-September monsoon season determines the production of kharif crops like grains, pulses, and oilseeds. While wheat is planted during the winter months, usually under assured irrigation, close to 40 per cent of rice area is dependent on monsoon rains. After the government failed to procure enough wheat for its public food security schemes, it imposed an export ban in May.Īlso Read: India’s protectionist moves spark fear that rice export may be curbed next after wheat, sugar So, a situation like wheat is unlikely in rice.”Ī severe heatwave in March-April this year led to a sharp drop in wheat production and pushed wholesale prices above the MSP. “Domestic rice prices are currently about 10 per cent lower than minimum support prices (MSP). Krishna Rao, president of the Rice Exporters Association, said. India exports non-basmati rice to more than 150 countries across the world.įears about an export ban on rice are unfounded as of now, B.V. Many of the world’s poorest, low-, and middle-income countries - from Nepal and Madagascar to Kenya and Indonesia - depend on cheap rice supplies from India. ![]() In 2021-22, India exported a staggering 21 million tonnes of rice, close to 40 per cent of the global rice trade. The numbers for rice are at a different level. So far, rice is the only food commodity that has defied the spurt in global food prices that shot up by 60 per cent in May, compared to 2020 levels.Īnd India is a far bigger player in the global rice trade than it is for wheat.Īccording to estimates from the United States Department of Agriculture (USDA), India’s contribution to the global wheat trade stood at 3.5 per cent in 2021-22, but the reaction to the ban was still strong. The world is now worried that India might restrict exports of rice too, pushing prices higher and worsening global food security. Chicago wheat futures shot up by the maximum allowed when trading resumed post-weekend on 16 May. The hope that the world’s second largest producer of wheat would fill a part of the supply void created by the Russia-Ukraine war was dashed. New Delhi: On a Friday evening in May, when India banned exports of wheat to keep domestic food prices in check, global markets went into a tizzy.
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