Indian rice News
Monsoon rains have been heavy in the rice producing states of North India... while there are some parts of the country where the rainfall has been less this time. This unexpected weather change has affected the rice crop. Due to heavy rains in North India, newly planted crops in Punjab and Haryana were damaged and many farmers had to replant...i.e. direct impact on rice crop..States like West Bengal, Maharashtra and Karnataka have reduced paddy sowing. While West Bengal is a major paddy producing state...
Thailand suffered a drought this year that has affected the rice crop
Its shipments in 2020 could fall to 6.5 million tonnes, the lowest in 20 years
Indian traders have contracted to export 100,000 tonnes of broken rice for Dec-Feb shipments at around $300 per tonne on a FOB basis
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