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Latest Agricultural News, Crop Prices, Farming, Agri Business News | The HinduBusinessLine

Basmati exporters urge govt to suspend ₹83/tonne levy amid delayed payment, shrinking margin India could limit sulphur exports as supplies tighten, sources say China resumes buying broken rice from India Hot, dry conditions may prevail over most of North-West, Central India for another week IMD issues intense heatwave warning for several parts of Maharashtra Kerala fisheries sector hit by fuel shortage & rising kerosene prices ITC makes history with India’s first FSA 3.0 certification for wheat, paddy NSRCEL, Pernod Ricard India Foundation conclude 3rd cohort of Circular Economy Incubation Programme India’s sugar output up 8% at 27.39 mt as of April 15 NAAS suggests govt to consider one-time licensing for imported horticulture hybrids Polavaram project: Construction of ECRF dam to be be completed by March 2028 Climate-hit Kashmir saffron farmers battle rising porcupine menace India targets cocoa self-sufficiency by 2040 with national mission and reforms Avi Polymers launches KrishiBuddy AI platform to transform smart farming in India India gets imported Urea offer at $935, $959 per tonne Indian agriculture sector under threat by below-Normal Monsoon, El Nino, and West Asia war: ICRA Hindustan Zinc’s DAICHI launches products on retail and quick commerce platforms Oppressive heat conditions to spread out over Central and East India from today Global fertilizer supply crunch tightens farm economics India's green fuel plans collide with farmers' water fears Madhya Pradesh CM says basmati rice from the State is exported to 47 nations NAAS calls for developing smart alternate fertilisers to achieve self sufficiency TRI launches agri-voltaic project to help farmers earn double income Temperatures may trend up over North-West, Central India until weekend Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply India’s soyabean imports surge to 3.09 lakh tonnes during Oct-Mar 2025-26 oil year IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari ‘UP banned only forced sale of non-subsidised fertilizers to farmers’ How kashmir’s breakthrough is making Gucchi mushroom farming possible
Centre’s foodgrain reserves at record high as El Nino thr...
Prabhudatta Mishra · 2026-06-16 · via Latest Agricultural News, Crop Prices, Farming, Agri Business News | The HinduBusinessLine

India’s foodgrain reserves in the Central Pool surged to a record high of 122 million tonnes (mt) as of June 1.

Equal to the country’s entire annual rice consumption, this massive stockpile gives the government a critical buffer just as El Nino risks disrupting the 2026 kharif crop.

Given that the country’s free foodgrain schemes for over 80 crore beneficiaries require an annual offtake of 56 mt (based on 2025-26 data), the current reserves are sufficient to comfortably sustain these welfare programmes for at least two years.

According to Food Corporation of India (FCI) data, the government has 122.64 mt of foodgrain stocks — 68.34 mt of rice (including 28.7 mt in paddy form but in terms of rice), 53.41 mt of wheat and 0.9 mt of coarse grains. The total offtake of foodgrains under various heads such as the National Food Security Act, PM Poshan, ICDS, for military/para military forces, natural calamity, festivals allocation, for adolescent girls (SAG) was 56.09 mt in 2025-26 — 17.99 mt wheat and 38.1 mt rice.

“The stock in the Central Pool, although higher than requirement, assures the country of food security. There is no cause of concern as far as basic food availability is concerned even if the monsoon is below normal. The stocks can also be offloaded under the open market sale scheme to bulk consumers including State governments,” said Union Food Secretary Sanjeev Chopra.

OMSS programme

What Chopra is saying suggested that the Centre may release grains to States for bulk consumers under Open Market Sale Scheme.

Despite the “below normal” monsoon forecast, at 90 per cent of long period average, the government is targeting the kharif foodgrains production during 2026-27 of 176.16 mt, against actual output of 176.04 mt in 2025-26.

The target for 2026-27 also includes 123.15 mt of rice, 8.4 mt of pulses, 28.92 mt of oilseeds, 13.56 mt of nutri cereals and 31.04 mt of maize.

“We may need higher allocation under open market sale scheme (OMSS also to check food inflation. So, the allocation of rice for ethanol at highly subsidised price of ₹2,320 per quintal needs to be drastically reduced from about 5.2 mt announced earlier,” said former Agriculture Secretary Siraj Hussain , who is also a former CMD of FCI.

Published on June 16, 2026