Madhya Pradesh will begin paddy procurement at the minimum support price from 1 December 2026, with a 2026-27 target of 46 lakh tonnes. About 23 lakh tonnes bought in 2025-26 remain in warehouses because millers have not lifted it, citing delayed incentive payments.
Large state stocks and expected arrivals of up to 56 lakh tonnes add to India's rice supply, which tends to cap domestic and export prices. A storage squeeze could slow procurement and delay farmer payments.
After 100 past neutral policy events, Rough Rice moved a median +0.0% over 5 sessions (51% higher; middle half -2.6% to +2.3%), and +0.7% 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.