On May 19, 2017, the Ministry of Agriculture (MOA) raised the third advance estimate for grains production for the Indian Crop Year 2016/17 (July-June) further to a record 273.4 million metric tons (MMT). MY 2017/18 wheat production is estimated marginally lower at 96 MMT (record) on the latest official planting estimate. MY 2016/17 rice production estimate is raised higher to a record 108 MMT on expected record yields. Based on the current pace of monthly exports, Post’s MT 2016/17 rice export is estimated higher at 11 MMT. Source gain.fas.usda.gov.
