# India: Grain and Feed Update | USDA Foreign Agricultural Service

> USDA attaché report says India's government estimated record 2023/24 grain output of 332.3 MMT. Above-normal monsoon is expected to support record 2024/25 rice (142 MMT) and corn (38.5 MMT) harvests. India has removed export restrictions on most rice types, except broken rice.

- Date: 2024-11-04 · published 2024-11-04T12:00:00.000Z
- Category: report · region India · magnitude medium
- Page: https://feedsoft.ai/events/27369-india-grain-and-feed-update-usda-foreign-agricultural-service
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record Indian rice and corn crops plus reopened exports point to ample global supply, which is bearish for rice and adds corn supply pressure.

## Read by commodity

- CORN: bearish ▼
- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-09-24 | [Mexico: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/28275-mexico-grain-and-feed-update-usda-foreign-agricultural-service.md) | -1.6% | -2.9% |
| RICE | 2024-06-19 | [Mexico: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/29718-mexico-grain-and-feed-update-usda-foreign-agricultural-service.md) | -2.0% | -21.3% |
| RICE | 2025-09-24 | [FAS - Foreign Agricultural Service (via Public) / Philippines: Grain and Feed Update](https://feedsoft.ai/events/22960-fas-foreign-agricultural-service-via-public-philippines-grain-and-feed-update.md) | -2.7% | -8.8% |
| RICE | 2024-10-14 | [USDA adjusts global grain production forecasts \| Feed & Grain](https://feedsoft.ai/events/27918-usda-adjusts-global-grain-production-forecasts-feed-and-grain.md) | +0.0% | -4.2% |
| RICE | 2026-02-13 | [USDA lowers US rice export forecast amid rising global competition \| Feed & Grain](https://feedsoft.ai/events/12013-usda-lowers-us-rice-export-forecast-amid-rising-global-competition-feed-and.md) | -9.2% | -1.5% |
| CORN | 2024-10-02 | [China: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14711-china-grain-and-feed-update-usda-foreign-agricultural-service.md) | -1.1% | -2.6% |
| CORN | 2024-09-24 | [Mexico: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/28275-mexico-grain-and-feed-update-usda-foreign-agricultural-service.md) | +1.7% | -0.8% |
| CORN | 2019-11-27 | [EU-28: Crop Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/55995-eu-28-crop-update-usda-foreign-agricultural-service.md) | +0.8% | +2.4% |

## Sources

- fas.usda.gov: https://www.fas.usda.gov/data/india-grain-and-feed-update-38

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