
India’s agriculture ministry projected rice production at 147 million tonnes in 2026–27, down from 154 million tonnes in 2025–26, citing lower rainfall and the use of Food Corporation of India rice stocks for ethanol. The government also limited the volume of surplus FCI rice available for ethanol and restricted broken-rice exports.
A smaller crop and limits on rice diverted to ethanol could tighten domestic availability and add upward pressure to rice prices, with potential consequences for exportable supply.
After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
Not enough comparable past events yet for a historical read.
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.