India's wheat, rice stocks drop as country braces for scorching March

AWL Agri Business

27/02/2025 09:53

** Indian wheat and rice stocks fall between 1% to ~5%

** Country braces for one of the warmest March months on record, which could cut yields of maturing wheat crop, Reuters reports

** 2025 could be the fourth consecutive year of poor crop yields, report adds

** High temperature can also affect quality of rice yield

** Rice exporters Chaman Lal Setia CLSE.NS and GRM Overseas GRMO.NS shed 3.64% and 1.67%, respectively

** Adani Wilmar ADAW.NS, which sells wheat flour to consumers, slips 4.8%

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))