# India: Minimum support prices increased for monsoon crops 2021 - Global Trade Alert

> India's cabinet raised minimum support prices for kharif crops sown in the 2021 monsoon season, effective July 1 2021. The increase applies to several crops and runs through October 31, 2021.

- Date: 2021-06-09 · published 2021-06-09T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/46517-india-minimum-support-prices-increased-for-monsoon-crops-2021-global-trade-alert
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher guaranteed prices encourage Indian farmers to plant more kharif rice and coarse grains, which could add supply later and gently weigh on prices over time.

## Read by commodity

- CORN: neutral
- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-12-22 | [India’s Curb on Futures Trade Threatens Food Supply Chain - The Wire](https://feedsoft.ai/events/43556-india-s-curb-on-futures-trade-threatens-food-supply-chain-the-wire.md) | +6.6% | +8.2% |
| RICE | 2022-05-17 | [Global Wheat Prices Outlook For Australian Growers](https://feedsoft.ai/events/41375-global-wheat-prices-outlook-for-australian-growers.md) | -3.1% | -7.1% |
| RICE | 2020-12-23 | [India proposes using govt food stock to fight global hunger](https://feedsoft.ai/events/49608-india-proposes-using-govt-food-stock-to-fight-global-hunger.md) | -1.3% | +7.4% |
| RICE | 2018-09-14 | [Rice, wheat producing countries should be concerned about India's domestic support policy: US](https://feedsoft.ai/events/62997-rice-wheat-producing-countries-should-be-concerned-about-india-s-domestic.md) | -7.4% | +0.2% |
| RICE | 2019-10-18 | [Giving away FCI grains as aid a temporary solution; price support and PDS reforms key in long-term - TriumphIAS](https://feedsoft.ai/events/56518-giving-away-fci-grains-as-aid-a-temporary-solution-price-support-and-pds.md) | -2.2% | -2.8% |
| CORN | 2026-08-04 | [Ukraine introduces 0.714 coefficient for minimum export prices on grains and oilseeds](https://feedsoft.ai/events/12804-ukraine-introduces-0-714-coefficient-for-minimum-export-prices-on-grains-and.md) | -0.5% | +10.1% |
| CORN | 2023-11-09 | [Farmers want more money for crop support programs included in Farm Bill : NPR](https://feedsoft.ai/events/33149-farmers-want-more-money-for-crop-support-programs-included-in-farm-bill-npr.md) | -1.5% | -1.0% |
| CORN | 2025-05-27 | [Global Ag News For May 29.2025 - ADM Investor Services](https://feedsoft.ai/events/24706-global-ag-news-for-may-29-2025-adm-investor-services.md) | -2.1% | -6.4% |

## Sources

- globaltradealert.org: https://globaltradealert.org/state-act/48755-india-minimum-support-prices-increased-for-monsoon-crops-2021/

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