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Data▼ Bearish for Indian equities
Foodgrain output target for 2026-27 cut amid El Niño concerns
The brief
- The 2026-27 foodgrain output target was reduced marginally over El Niño impact
- The rabi season is expected to contribute 177.72 mt
- Lower foodgrain output could pressure food prices, affecting Indian consumer-goods and agriculture companies
- India sets foodgrain target below last year’s record output
- Centre's Captive Coal Push May Add 5-7 GW, Fall Short Of Peak Demand Surge
- Nepal plans to import up to 1,100 MW power from India this winter
- Rabi 2026 target set at 178 MT as Centre steps up preparedness for El Nino, crop losses
- El Niño nears record levels as Pacific waters continue to warm
India’s monsoon shortfall and crop risks
Deficient and uneven rains led Maharashtra to declare 265 of 358 talukas drought-affected, while kharif crops and rainfed rabi output faced risks. India cut its FY27 foodgrain target by 2.63 million tonnes to 373.93 million tonnes; wholesale prices of key pulses rose up to 11% in a month.
Wednesday, 30 September
Tuesday, 29 September
- Foodgrain output target for 2026-27 cut amid El Niño concerns