# India to produce 277.5 mt of food grains in FY18 against target of 274.5 mt | Economy & Policy News - Business Standard

> India's government estimates record 2017-18 food grain output of 277.5 million tonnes against a target of 274.5 mt, with rice at 96.5 mt and pulses at a record 24 mt. Pulse oversupply of about 30 mt is expected against annual consumption of 23 mt. The release came about two weeks late.

- Date: 2018-02-27 · published 2018-02-27T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/66447-india-to-produce-277-5-mt-of-food-grains-in-fy18-against-target-of-274-5-mt
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Record Indian output and pulse surplus point to ample domestic supplies and weaker import demand, which is mildly bearish for rice and pulse trade prices.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2017-08-16 | [Govt revises grain output to record high of 275.68 million tonnes in FY17 \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/69413-govt-revises-grain-output-to-record-high-of-275-68-million-tonnes-in-fy17.md) | -0.3% | +3.2% |
| RICE | 2019-04-25 | [India sets a record foodgrains target of 291 million tonnes  - The HinduBusinessLine](https://feedsoft.ai/events/59583-india-sets-a-record-foodgrains-target-of-291-million-tonnes-the.md) | +0.9% | +11.6% |
| RICE | 2018-06-13 | [India’s food grain production to reach new record \| World-grain.com \| June 13, 2018 14:12 \| World Grain](https://feedsoft.ai/events/64486-india-s-food-grain-production-to-reach-new-record-world-grain-com-june-13-2018.md) | +2.4% | -1.0% |
| RICE | 2026-05-27 | [India’s foodgrain production up 5% in 2025-26 crop year - The HinduBusinessLine](https://feedsoft.ai/events/19229-india-s-foodgrain-production-up-5-in-2025-26-crop-year-the-hindubusinessline.md) | -2.6% | -0.6% |
| RICE | 2018-05-16 | [Foodgrain production at record 279.5 million tonnes in 2017-18](https://feedsoft.ai/events/65004-foodgrain-production-at-record-279-5-million-tonnes-in-2017-18.md) | -1.2% | -3.2% |

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/india-to-produce-277-5-mt-of-food-grains-in-fy18-against-target-of-274-5-mt-118022800029_1.html

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