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India has not allocated rice or wheat for open market e-auctions in FY2026-27 because of uncertainty over the kharif crop after a weak monsoon. Rice allocation for ethanol production has been frozen, and 4.8 million tonnes of rice is reserved for welfare schemes.
Withholding government stocks from the market supports domestic Indian rice and wheat prices and limits export availability. A weak monsoon also raises the risk of tighter global rice supply.
agriinsite.comFinancial ExpressJul 4, 2026After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
