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India's Granaries Overflow as Rice Stocks Hit Record, Wheat Surges
Hindustan Times Rajasthan
|June 12, 2025
India's rice stocks in government warehouses rose 18% from a year ago to a record high for the start of June, while wheat stocks have hit their highest level in four years on higher procurement from farmers, official data showed on Wednesday.
MUMBAI:
Record rice stocks will help the world's biggest exporter increase shipments, while an improvement in wheat inventories will help the federal government tame any price spikes later this year by increasing open market sales.
State reserves of rice, including unmilled paddy, totalled a record 59.5 million metric tonnes as of June 1, far exceeding the government's target of 13.5 million tonnes for July 1.
This story is from the June 12, 2025 edition of Hindustan Times Rajasthan.
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