# India cuts foodgrains output target amid below normal monsoon forecast - The HinduBusinessLine

> India's government set a 2026-27 foodgrain output target of 373.93 million tonnes, slightly below the record 2025-26 crop, with lower targets for rice and maize. The move follows an India Meteorological Department forecast of below-normal monsoon rainfall at 90% of normal due to El Niño.

- Date: 2026-06-02 · published 2026-06-02T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/18741-india-cuts-foodgrains-output-target-amid-below-normal-monsoon-forecast-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A lower official output target signals tighter expected supply and possible future export caution, which supports rice and maize prices if El Niño damages crops.

## Read by commodity

- CORN: bullish ▲
- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-08-01 | [India's monsoon rain forecast cut, farm output seen at risk \| The Star](https://feedsoft.ai/events/63497-india-s-monsoon-rain-forecast-cut-farm-output-seen-at-risk-the-star.md) | -8.4% | -11.1% |
| RICE | 2017-04-09 | [Eyes glued to Pacific, for monsoon clues - The HinduBusinessLine](https://feedsoft.ai/events/71434-eyes-glued-to-pacific-for-monsoon-clues-the-hindubusinessline.md) | -1.3% | -5.2% |
| RICE | 2026-04-13 | [IMD Forecasts Below Normal South West Monsoon Rainfall in 2026, El Niño to Impact India’s Kharif Season](https://feedsoft.ai/events/19635-imd-forecasts-below-normal-south-west-monsoon-rainfall-in-2026-el-nino-to.md) | +2.8% | +9.5% |
| RICE | 2023-05-05 | [‘Developing’ El Nino may hit India’s maize, soya and rice output, says FAO   - The HinduBusinessLine](https://feedsoft.ai/events/35870-developing-el-nino-may-hit-india-s-maize-soya-and-rice-output-says-fao-the.md) | +1.8% | -0.5% |
| RICE | 2026-05-29 | [India Cuts Monsoon Outlook to 90% of Normal in Risk to Crops \| Financial Post](https://feedsoft.ai/events/19228-india-cuts-monsoon-outlook-to-90-of-normal-in-risk-to-crops-financial-post.md) | -1.7% | +2.3% |
| CORN | 2023-05-05 | [‘Developing’ El Nino may hit India’s maize, soya and rice output, says FAO   - The HinduBusinessLine](https://feedsoft.ai/events/35870-developing-el-nino-may-hit-india-s-maize-soya-and-rice-output-says-fao-the.md) | -0.2% | -7.5% |
| CORN | 2023-10-09 | [Explained: How is ‘below normal’ monsoon 2023 impacting India’s economy](https://feedsoft.ai/events/33579-explained-how-is-below-normal-monsoon-2023-impacting-india-s-economy.md) | -0.2% | -3.4% |
| CORN | 2021-01-04 | [La Nina to take hold of agri markets in 2021  - The HinduBusinessLine](https://feedsoft.ai/events/5000-la-nina-to-take-hold-of-agri-markets-in-2021-the-hindubusinessline.md) | +5.3% | +17.8% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/india-cuts-foodgrains-output-target-amid-below-normal-monsoon-forecast/article71053502.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
