India rice output set for biggest drop in nearly 20 years as weak rains hit yields
- Posted on September 17, 2026
- By Business News Today
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- 1 min read
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India rice output set for biggest drop in nearly 20 years as weak rains hit yields
India's rice production faces a significant decline this year. Below-normal rainfall during maturation threatens to reduce crop yields substantially. This drop will increase local prices and make exports more expensive. However, large existing stockpiles will allow India to maintain record export levels. Farmers may receive higher prices for premium varieties in the open market.