India builds record grain reserves as El Nino returns
India's grain reserves have reached unprecedented levels, with rice stocks soaring 15% year-on-year to a record high and wheat inventories hitting a five-year peak. This
India's grain reserves have reached unprecedented levels, with rice stocks soaring 15% year-on-year to a record high and wheat inventories hitting a five-year peak. This robust buffer strengthens national food security and offers flexibility for exports, even amidst El Niño concerns. Strong farmer procurement and favorable crop conditions have bolstered these impressive reserves.