May 16, 2014
India's corn exports expected to fall 26% this year
According to government estimates, India's corn exports may fall by 26% this year, despite recent increase in shipment and correction in international prices.
Corn production is expected to be 23.29 million tonnes, compared to 22.50 million tonnes last year.
From October 2013 to April 2014, corn exports fell to 2.17 million tonnes, lower by 1.00 million tonnes compared to the same period of last year.
During current marketing year from October 2013 to September 2014, corn exports are expected to be 3.40 million to 3.50 million tonnes, compared to 4.76 million tonnes last year.
