# Basmati exporters expect higher output on good monsoon forecast | Commodity - Food & Edible Oils - Business Standard

> Basmati exporters expect higher paddy sowing this season after a good monsoon forecast and better farmer returns last year. Basmati output is roughly 6.6 million tonnes, but export volumes are expected to stay near last year's level of about four million tonnes because of weak demand in the Gulf and EU.

- Date: 2017-05-24 · published 2017-05-24T12:00:00.000Z
- Category: weather · region India · magnitude low
- Page: https://feedsoft.ai/events/70983-basmati-exporters-expect-higher-output-on-good-monsoon-forecast-commodity-food
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Larger sowing should lower paddy purchase prices for processors and exporters, which points to softer basmati export prices even as margins may improve.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-10-07 | [India's rice exports could jump to record on Thailand drought effects \| Commodity - Food & Edible Oils - Business Standard](https://feedsoft.ai/events/50607-india-s-rice-exports-could-jump-to-record-on-thailand-drought-effects-commodity.md) | -3.1% | -1.1% |
| RICE | 2020-05-15 | [Rice prices ease on high production  \| The Business Standard](https://feedsoft.ai/events/7505-rice-prices-ease-on-high-production-the-business-standard.md) | -7.9% | -7.8% |
| RICE | 2022-06-01 | [India expected to see normal monsoon rains, could boost crop output](https://feedsoft.ai/events/41363-india-expected-to-see-normal-monsoon-rains-could-boost-crop-output.md) | -3.4% | -6.2% |
| RICE | 2025-04-15 | [India forecasts above average monsoon rains in boost to crop output, economy](https://feedsoft.ai/events/25056-india-forecasts-above-average-monsoon-rains-in-boost-to-crop-output-economy.md) | -3.0% | -12.3% |
| RICE | 2020-08-18 | [India's basmati rice production to be higher than last year's level due to monsoon boost - The Economic Times](https://feedsoft.ai/events/51562-india-s-basmati-rice-production-to-be-higher-than-last-year-s-level-due-to.md) | +2.4% | +1.5% |

## Sources

- business-standard.com: https://www.business-standard.com/article/markets/basmati-exporters-expect-more-output-on-good-monsoon-forecast-117052401047_1.html

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