India's rice exports projected to drop to 24 million tonnes by 2027 amid supply threats
- The United States Department of Agriculture forecasts a 4 per cent fall in India’s rice exports by 2027.
- It attributes this to El Nino risks, lower paddy acreage and rising domestic prices.
- Rice production is expected to fall 4.5 per cent to 147 million tonnes this crop year, on adverse weather.
- Paddy acreage is down 3.7 per cent to 42.92 million hectares this kharif season.
Source: firstpost.com
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