OtherBusinessLine
India rice procurement down 19 lakh tonne in Oct
Positive+6
GreyOak summary
India's rice procurement in the 2026-27 season dropped by 19 lakh tonnes in October to 104 lakh tonnes due to poor paddy arrivals. While Punjab purchases were near par, Tamil Nadu and Haryana saw significant declines. The government revised procurement targets by lowering the broken grain percentage to 15% from 25%.
What it affects
- Agri commoditiesPositive +6
Rice procurement fell due to poor arrivals.Rolling sentiment Neutral +10
