Monsoons, Markets, and Metrics: Decoding 2024’s Rice Landscape

(Analysis) India, the world’s largest rice exporter, expects above-average monsoon rains until September 2024 due to La Niña. This forecast by the Indian Meteorological Department (IMD) promises to boost agricultural production, supporting India’s nearly $3.5 trillion economy. Monsoon rains are crucial for India’s agriculture, supplying almost 70% of the water needed for crops. In 2024, […]