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Informist, Tuesday, Jul. 22, 2025

 

--FCI: Rice stocks 37.8 mln tn Jul 1 vs 32.6 mln yr ago, 38.0 mln month ago 

--FCI: Wheat stocks 35.9 mln tn Jul 1 vs 28.3 mln yr ago, 36.9 mln month ago 

--FCI: Food grain stocks 73.7 mln tn as of Jul 1 vs 60.9 mln tn year ago 

 

NEW DELHI – Wheat stocks with Food Corp. of India fell nearly 3% on month as of Jul. 1 but remained above the buffer norm and were at a four-year high of 35.9 million tonnes. Rice stocks dipped nearly 1% on month to 37.8 million tonnes, but remained at a two-decade high. 

 

As of Jul. 1, wheat stocks in the central pool were 3% lower on month but up 27% on year at 35.9 million tonnes, FCI data showed. The current wheat stocks are well above the buffer norm of 27.58 million tonnes--operational stock of 24.58 million tonnes and strategic reserve of 3.00 million tonnes. 

 

Wheat stocks have risen on year due to higher production and robust procurement during the recent rabi marketing season. The government procures foodgrains to support farmers and meet its public distribution obligations. It also offloads excess stocks through open market sales to stabilise market prices. The government is yet to start open market sales of wheat and rice for 2025-26 (Apr-Mar) marketing season.

 

 

As of Jul. 1, rice stocks in the central pool were nearly 1% lower on month but up 16% on year at 37.8 million tonnes, the data showed. The current rice stocks are significantly above the buffer norm of 13.54 million tonnes--operational stock of 11.54 million tonnes and strategic reserve of 2.00 million tonnes. 

 

According to experts, rice stocks have piled up due to the government's incentives for paddy cultivation, like high minimum support prices and additional state bonuses. The government also follows an open-ended procurement policy. Despite surplus stocks, offtake by distillers for ethanol production has remained sluggish. Of the 5.2 million tonnes of rice allocated for ethanol production in 2024-25 (Nov-Oct), only 1.74 million tonnes have been lifted as of Jul. 14, according to FCI.

 

Meanwhile, total food grain stocks with the FCI as of Jul. 1 were 73.7 million tonnes, up over 21% from 60.9 million tonnes a year ago. As of Jun. 1, food grain stocks with FCI were at 75.0 million tonnes, according to data.  End

 

Reported by Afra Abubacker

Edited by Akul Nishant Akhoury

 

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