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India's state-run oil marketing companies capped ethanol made from surplus government rice and damaged foodgrains for the 2026-27 supply year. Under revised tender terms issued on 3 November, the two sources can supply at most 484 crore litres, about 44% of the 1,100 crore litres tendered.
Shifting the ethanol feedstock toward maize tightens domestic maize supply for poultry, livestock feed and starch makers, which supports corn prices and feed costs in India. Reduced rice use for ethanol leaves more feed-grade and surplus rice available, a mild offset.
agronewstoday.comRural VoiceNov 5, 2026After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
After 100 past bearish policy events, Rough Rice moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.6%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
