India’s rice stocks hit record high, wheat inventories reach four-year peak

India’s agricultural sector has achieved a remarkable milestone, with rice stocks in government warehouses surging by over 14% compared to last year, reaching a record 48.2 million metric tons as of September 1, 2025, according to official data. This figure significantly exceeds the government’s target of 13.5 million tons set for July 1, driven by

a bumper harvest in the previous year. Meanwhile, wheat inventories have climbed to a four-year high of 33.3 million tons, surpassing the government’s goal of 27.6 million tons. These robust reserves open new opportunities for exports and domestic price stabilization. The record rice stocks strengthen India’s position as the world’s largest rice supplier, boosting export potential. According to the Rice Exporters Association, India is set to ship a record 22.5 million tons of rice in 2025, a 25% increase from the previous year. This growth follows the removal of the last export restrictions in March 2025. Accounting for roughly 40% of global rice exports, India continues to ramp up shipments while maintaining high domestic reserves, reflecting the effectiveness of its agricultural policies. Wheat inventories, which had been a concern over the past three years due to low levels, now provide the government with the means to control domestic prices. With ample supplies, the ...