According to reports, rice stocks in Indian government warehouses increased 15% over the same period last year, reaching a record high, while wheat stocks peaked in four years due to increased procurement volume. Record rice stocks will help India, the world's largest exporter, increase exports, while improved wheat stocks will help the government curb possible price increases later this year by increasing open market sales. As of July 1, the country's total reserves of rice, including unprocessed rice, reached a record 55.66 million tons, far exceeding the target of 13.5 million tons set by the government on July 1. According to the data, as of July 1, India's wheat stocks were 35.9 million tons, far exceeding the target of 27.6 million tons set by the government and setting the highest level since 2021.

According to reports, rice stocks in Indian government warehouses increased 15% over the same period last year, reaching a record high, while wheat stocks peaked in four years due to increased procurement volume. Record rice stocks will help India, the world's largest exporter, increase exports, while improved wheat stocks will help the government curb possible price increases later this year by increasing open market sales. As of July 1, the country's total reserves of rice, including unprocessed rice, reached a record 55.66 million tons, far exceeding the target of 13.5 million tons set by the government on July 1. According to the data, as of July 1, India's wheat stocks were 35.9 million tons, far exceeding the target of 27.6 million tons set by the government and setting the highest level since 2021.