India expects 5th straight record wheat crop - U.S. attache

Wed Feb 29, 2012 4:01am IST

A worker counts gold bangles at a jewellery-making workshop in Jammu October 17, 2011. REUTERS/Mukesh Gupta/Files

A worker counts gold bangles at a jewellery-making workshop in Jammu October 17, 2011.

Credit: Reuters/Mukesh Gupta/Files

Related Topics

REUTERS - Following are selected highlights from a report issued by a U.S. Department of Agriculture attache in India:

"India expects a fifth record wheat crop in a row, 87.5 million tonnes, on higher planted area and optimal growing conditions in major growing areas to date. MY 2012/13 wheat exports are forecast at 1.5 million tonnes. MY 2012/13 rice production is forecast at 100 million tonnes, marginally lower than the year prior record production. India is unlikely to impose export controls on rice in the near future; MY 2011/12 rice exports are likely to reach 6.5 million tonnes including 2.7 million tonnes of Basmati.

MY 2012/13 coarse grain production is forecast higher at 42.9 million tonnes on expected higher acreage under corn and sorghum. Indian MY 2012/13 corn exports will fall to 2.2 million tonnes on expected strong domestic demand, versus corn exports in current MY 2011/12 estimated at 2.4 million tonnes. MY 2012/13 pulse production is forecast lower at 17.3 million tonnes compared to the MY 2011/12 record production of 18.2 million tonnes on lower acreage.

Pulse imports in MY 2011/12 are estimated to increase to 3 million tonnes. Imports are forecast to remain strong in MY 2012/13 provided international prices remain stable."

Attache reports are not official USDA data.

To see the full report, please go to: r.reuters.com/hec86s

(Washington commodities desk, +1 202 898-8415; washington.commodsenergy.newsroom@news.reuters.com)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

GROUP OF 20

REUTERS SHOWCASE

Modi Speaks

Modi Speaks

PM Modi says al Qaeda will fail in India - CNN.  Full Article 

Alibaba Listing

Alibaba Listing

Alibaba surges on massive demand in trading debut  Full Article 

Importing Rice

Importing Rice

Top rice exporter India importing over 100,000 T on temporary supply squeeze.  Full Article 

GSK Fined

GSK Fined

China hands drugmaker GSK record $489 mln fine, sentences executives.  Full Article 

HMT in Demand

HMT in Demand

Fans rush to HMT as watchmaker marks time.  Full Article 

Apple Not Cool?

Apple Not Cool?

Some consumers say Apple is losing its "cool" factor  Full Article 

Asian Games 2014

Asian Games 2014

Full coverage of the 17th Asian Games as Incheon.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage