# Growing supply glut threatens worse to come for restive Indian farmers

> India is holding large food grain inventories from last year's record harvest as exports have been hit by a stronger rupee, lower global prices and overseas shipment restrictions. A bountiful monsoon is expected to deepen the glut and squeeze debt-ridden farmers.

- Date: 2017-06-09 · published 2017-06-09T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/70438-growing-supply-glut-threatens-worse-to-come-for-restive-indian-farmers
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Surplus domestic supply and weak export demand keep Indian corn, wheat, soybean and pulse prices depressed, which weighs on global feed grain and oilseed import-export balances.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/us-india-farmers-idUSKBN190190/?il=0

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