# Govt wants to dump excess food grain in Africa

> The Indian government is considering selling surplus foodgrains to African countries such as Ghana before the new kharif procurement season. Buffer stocks in August reached 71.1 million tonnes, roughly double the norm, with rice at 2.5 times and wheat at 1.84 times the norm.

- Date: 2019-09-19 · published 2019-09-19T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/57021-govt-wants-to-dump-excess-food-grain-in-africa
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Large Indian surplus stocks that could be exported at low prices would pressure global rice and wheat prices, though the plan is not yet concrete.

## Read by commodity

- RICE: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-10-28 | [West African rice market adjusts to price drops after India ends export duty \| S&P Global](https://feedsoft.ai/events/27916-west-african-rice-market-adjusts-to-price-drops-after-india-ends-export-duty-s.md) | -1.7% | +0.4% |
| RICE | 2019-10-15 | [Granaries overflowing, Food dept’s SOS to MEA: Send wheat, rice as aid to deserving countries \| India News - The Indian Express](https://feedsoft.ai/events/56513-granaries-overflowing-food-dept-s-sos-to-mea-send-wheat-rice-as-aid-to.md) | -1.6% | -1.8% |
| RICE | 2019-11-13 | [Govt caught in no man's land as foodgrain mountains keep growing taller \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/56035-govt-caught-in-no-man-s-land-as-foodgrain-mountains-keep-growing-taller-economy.md) | +3.0% | +5.9% |
| RICE | 2019-12-09 | [Govt may ask FCI to sell 1.5 MT broken rice for grain-based biodiesel units \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/55669-govt-may-ask-fci-to-sell-1-5-mt-broken-rice-for-grain-based-biodiesel-units.md) | +1.7% | +4.3% |
| RICE | 2019-04-09 | [Slump in rice farm-gate prices due to import liberalization? \| ABS-CBN](https://feedsoft.ai/events/59668-slump-in-rice-farm-gate-prices-due-to-import-liberalization-abs-cbn.md) | +1.3% | +2.2% |
| WHEAT | 2026-10-12 | [Focus on India \| World Grain](https://feedsoft.ai/events/17086-focus-on-india-world-grain.md) | +3.7% | — |
| WHEAT | 2019-10-15 | [Granaries overflowing, Food dept’s SOS to MEA: Send wheat, rice as aid to deserving countries \| India News - The Indian Express](https://feedsoft.ai/events/56513-granaries-overflowing-food-dept-s-sos-to-mea-send-wheat-rice-as-aid-to.md) | -1.3% | +0.7% |
| WHEAT | 2019-11-13 | [Govt caught in no man's land as foodgrain mountains keep growing taller \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/56035-govt-caught-in-no-man-s-land-as-foodgrain-mountains-keep-growing-taller-economy.md) | +3.2% | +0.0% |

## Sources

- downtoearth.org.in: https://www.downtoearth.org.in/governance/govt-wants-to-dump-excess-food-grain-in-africa-66827

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