# RBI Bulletin | Official Website of Reserve Bank of India

> The RBI Bulletin reviews India's 2022-23 kharif season, noting above-normal southwest monsoon rainfall but uneven distribution and late-season heavy rain that could hurt standing crops. It outlines a rabi outlook where September rains, higher minimum support prices and a normal northeast monsoon could lift wheat acreage and yields.

- Date: 2022-12-20 · published 2022-12-20T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/38154-rbi-bulletin-official-website-of-reserve-bank-of-india
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A stronger Indian rabi wheat outlook could reduce import needs and add supply to Asian feed grain markets, a mildly bearish factor for wheat and corn prices.

## Read by commodity

- RICE: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-07-06 | [India Reports Surging Grain Stockpiles Amid Lifting Of Export Bans \| Bricsgrain](https://feedsoft.ai/events/23696-india-reports-surging-grain-stockpiles-amid-lifting-of-export-bans-bricsgrain.md) | -3.4% | -5.3% |
| WHEAT | 2026-06-16 | [India Grain Reserves: India builds record grain reserves as El Nino returns: Rice stocks hit new peak, wheat stores at five-year high - The Times of India](https://feedsoft.ai/events/18743-india-grain-reserves-india-builds-record-grain-reserves-as-el-nino-returns-rice.md) | -0.9% | -0.7% |
| WHEAT | 2017-04-14 | [Record global harvest of cereals, India too heads for a new high](https://feedsoft.ai/events/71586-record-global-harvest-of-cereals-india-too-heads-for-a-new-high.md) | -1.4% | +1.8% |
| WHEAT | 2021-12-07 | [Record crop in spite of downgrades \| The Rural \| Wagga Wagga, NSW](https://feedsoft.ai/events/43536-record-crop-in-spite-of-downgrades-the-rural-wagga-wagga-nsw.md) | -6.1% | -2.9% |
| WHEAT | 2022-01-12 | [Commodity markets take USDA’s WASDE in stride \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/43103-commodity-markets-take-usda-s-wasde-in-stride-an-official-publication-of.md) | +3.9% | +2.0% |
| RICE | 2023-07-01 | [RBI Bulletin](https://feedsoft.ai/events/35410-rbi-bulletin.md) | +5.8% | -14.3% |
| RICE | 2025-11-11 | [India’s lifting of rice export ban helped cool global food prices, says WTO \| Today News](https://feedsoft.ai/events/21916-india-s-lifting-of-rice-export-ban-helped-cool-global-food-prices-says-wto.md) | +3.1% | -0.3% |
| RICE | 2019-01-24 | [Report on Political Economy of Rice Trade between India, Bangladesh, Nepal Released](https://feedsoft.ai/events/61069-report-on-political-economy-of-rice-trade-between-india-bangladesh-nepal.md) | -1.2% | -5.1% |

## Sources

- rbi.org.in: https://www.rbi.org.in/Scripts/BS_ViewBulletin.aspx?Id=21473

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