India Grain Reserves: India builds record grain reserves as El Nino returns: Rice stocks hit new peak, wheat stores at five-year high

India’s rice stocks in government warehouses rose 15 per cent year-on-year to a record high at the start of June, while wheat inventories climbed to their highest level in five years following strong procurement from farmers, according to official data.State reserves of rice, including unmilled paddy, stood at a record 68.43 million metric tonnes as…

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