# India: India Grain and Feed - Quarterly Update - March 2024 | USDA Foreign Agricultural Service

> A USDA Foreign Agricultural Service attaché report reviews India's second advance estimate for the 2023/24 crop year, forecasting lower grain production on reduced rice, corn and coarse grain output while wheat and barley reach record levels. Rice exports are forecast at 15 MMT and corn exports at 1 MMT.

- Date: 2024-03-13 · published 2024-03-13T12:00:00.000Z
- Category: report · region India · magnitude medium
- Page: https://feedsoft.ai/events/31142-india-india-grain-and-feed-quarterly-update-march-2024-usda-foreign
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Lower Indian rice and corn production and reduced export forecasts tighten global supplies, while record wheat and barley output adds pressure to those markets.

## Read by commodity

- CORN: bullish ▲
- RICE: bullish ▲
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-10-23 | [Australia: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/27826-australia-grain-and-feed-update-usda-foreign-agricultural-service.md) | -1.2% | -0.2% |
| RICE | 2026-07-01 | [Australia: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/18302-australia-grain-and-feed-update-usda-foreign-agricultural-service.md) | +2.1% | +8.6% |
| RICE | 2024-01-11 | [932. December 2023 World Food Price Index \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/32196-932-december-2023-world-food-price-index-japan-international-research-center.md) | +2.7% | +8.9% |
| RICE | 2025-04-30 | [Growing Demand for Broken Rice for Feed and Food: The Implications for Global Trade \| Economic Research Service](https://feedsoft.ai/events/25195-growing-demand-for-broken-rice-for-feed-and-food-the-implications-for-global.md) | +1.0% | +8.2% |
| RICE | 2025-07-14 | [USDA forecasts lower corn supplies, higher biofuel demand in latest outlook \| Feed & Grain](https://feedsoft.ai/events/23712-usda-forecasts-lower-corn-supplies-higher-biofuel-demand-in-latest-outlook-feed.md) | -0.6% | +2.2% |
| CORN | 2024-08-13 | [Ukraine: Grain and Feed Quarterly \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14276-ukraine-grain-and-feed-quarterly-usda-foreign-agricultural-service.md) | -1.2% | +0.1% |
| CORN | 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) | -6.0% | -9.5% |
| CORN | 2026-01-26 | [FAS - Foreign Agricultural Service (via Public) / Mexico: Grain and Feed Update](https://feedsoft.ai/events/21001-fas-foreign-agricultural-service-via-public-mexico-grain-and-feed-update.md) | -0.3% | -0.5% |

## Sources

- fas.usda.gov: https://www.fas.usda.gov/data/india-india-grain-and-feed-quarterly-update-march-2024

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