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Global rice output set to drop for first time in a decade as stockpiles shrink

Global rice output set to drop for first time in a decade as stockpiles shrink

Global rice production is forecast to fall for the first time in a decade as declines in India, Myanmar, and the US collide with record consumption and trade. That mix is expected to reduce global stockpiles just as costs rise, with higher fertilizer and energy bills and possible monsoon disruptions in India adding further risk to supplies.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Retail inflation hits 3.5 percent four month high as food and gold prices climb fast

Retail inflation hits 3.5 percent four month high as food and gold prices climb fast

Retail inflation rose to a four-month high of 3.5% in April, driven mainly by higher food prices and a rebound in gold and silver. Economists warn more inflation pressure could follow, even as expectations grow that the Reserve Bank of India will keep its policy rate unchanged. With inflation nearing the RBI’s target, rate hikes may take a breather for now.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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India retail inflation rises to 3.48 in April as food prices push higher

India retail inflation rises to 3.48 in April as food prices push higher

India’s retail inflation inched up to 3.48% in April, driven mainly by firmer food prices. Food inflation rose to 4.20%, while personal care and miscellaneous goods saw the sharpest increases. Even with the uptick, inflation remains comfortably below the Reserve Bank of India’s 4% target, keeping the rate outlook relatively steady.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Food prices jump to three year high as Iran war costs bite into bills

Food prices jump to three year high as Iran war costs bite into bills

Food prices are set to rise further as the UN’s food-commodity price index hits its highest level in three years. Vegetable oils, meat, and cereals are posting the biggest gains, pointing to broad-based pressure on grocery bills. The uptick is being linked to higher costs tied to the Iran war, raising near-term concerns for consumers.

Summarised by Beize from a story on The Economic Times on 9 May 2026
Thali prices jump in April as tomato oil and LPG surge hits home budgets

Thali prices jump in April as tomato oil and LPG surge hits home budgets

April thali costs increased about 2% year-on-year for both vegetarian and non-vegetarian meals, with higher tomato prices, vegetable oil, and LPG weighing on household spending. Onion and potato declines helped cushion the impact, but the non-veg segment also felt pressure as broiler prices rose around 2%.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Asia heat waves and El Nino could spark another inflation surge for oil hit economies

Asia heat waves and El Nino could spark another inflation surge for oil hit economies

Asia is bracing for a fresh inflation wave as heat and dry weather intensify food price pressures under El Nino. The threat lands on top of existing oil price shocks, squeezing already-stressed economies. Countries including the Philippines and Pakistan are seeing high inflation now, and further price hikes are expected in the coming quarters as El Nino strengthens later this year.

Summarised by Beize from a story on The Economic Times on 8 May 2026

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Palm and soy prices surge as Indians turn to mustard oil for relief

Palm and soy prices surge as Indians turn to mustard oil for relief

India is shifting toward mustard oil as global prices of palm and soybean oils climb. Conflict-driven supply disruptions in West Asia and rising biofuel demand are raising costs, and a weakening rupee makes imported oils even more expensive. At the same time, record domestic mustard production supports the switch, easing availability for consumers.

Summarised by Beize from a story on The Economic Times on 7 May 2026
Iran war and El Nino threaten world rice supply pushing prices toward strain

Iran war and El Nino threaten world rice supply pushing prices toward strain

The Iran war is rippling through global rice markets, unsettling both major exporters and key importers. Farmers and traders in Thailand and Vietnam report disruption alongside growing weather pressures from El Nino, while countries dependent on imports such as the Philippines and Indonesia brace for tighter supplies. The result could be renewed price pressure as shipments and demand realign.

Summarised by Beize from a story on The Economic Times on 2 May 2026
Weak monsoon forecast and El Nino could lift India food inflation fast

Weak monsoon forecast and El Nino could lift India food inflation fast

India’s inflation outlook is under pressure as forecasters expect a below-average monsoon and rising El Niño risk. Cooler and uneven rains could curb agricultural output, tightening supplies and pushing food prices higher even if buffer stocks offer partial cover. The next rainfall cycle is poised to be a key swing factor for whether inflation stays contained or accelerates in the coming months.

Summarised by Beize from a story on The Economic Times on 1 May 2026
India heat wave and weak monsoon threaten inflation surge and hit rural incomes

India heat wave and weak monsoon threaten inflation surge and hit rural incomes

India’s severe heat wave and forecasts of below-normal monsoon rains are adding fresh pressure to inflation after a recent oil surge. With energy costs already elevated, weather stress could push prices—especially food—beyond the central bank’s target. Policymakers are weighing how this “dual hit” may slow growth while straining rural incomes.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026

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Ice cream and chocolate prices may jump this summer as war disrupts supply chains

Ice cream and chocolate prices may jump this summer as war disrupts supply chains

Sweet treats could get pricier this summer as conflict in West Asia disrupts supply chains. Higher costs are hitting ingredients such as dry fruits and nuts, while logistics and packaging expenses also rise. Some companies have already increased prices, and more hikes are expected if the disruptions continue and keep pressuring margins across the sector.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
Flour millers demand policy stability export freedom and liquidity support for fair returns

Flour millers demand policy stability export freedom and liquidity support for fair returns

A flour millers body has urged the government to deliver more predictable policy signals to the industry. It called for stock transparency, stable OMSS policies, export flexibility, and liquidity support to protect millers’ returns while keeping flour prices affordable for consumers. The group’s pitch centers on reducing uncertainty in trading and procurement rules that directly affect margins.

Summarised by Beize from a story on The Economic Times on 25 Apr 2026
Government says no edible oil subsidy plan now as prices soar for consumers

Government says no edible oil subsidy plan now as prices soar for consumers

The government has said there is currently no proposal to supply edible oils to consumers at subsidised rates. Data shows domestic production of edible oils in 2020-21 was 111.51 lakh tonnes against imports of 134.52 lakh tonnes, while demand reached 246.03 lakh tonnes. Groundnut oil retail prices also rose sharply to Rs 176.28 per kg.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Iranians increasingly blame US Israel for economic misery as war squeezes daily life

Iranians increasingly blame US Israel for economic misery as war squeezes daily life

Iran’s “resistance economy” is being hit hard by the US Israel war, with mounting economic pressure showing up in higher food prices and weakening social development indicators. As markets and institutions face the risk of deeper damage, Iran may be pushed toward drastic moves that could spark violent escalation—or force a new regional understanding.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Asia rice exporters face muted demand as freight costs surge amid Middle East conflict

Asia rice exporters face muted demand as freight costs surge amid Middle East conflict

Asia’s key rice export hubs are seeing limited activity as freight costs climb sharply following conflict in the Middle East. Traders say buyers are holding back until shipping rates ease, keeping prices muted. Still, Bangladesh’s domestic market remains firm ahead of Eid-ul-Fitr, with aromatic rice demand picking up despite the broader export slowdown.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India raises wheat export quota to 5 million tons as new crop supply starts

India raises wheat export quota to 5 million tons as new crop supply starts

India has lifted its total wheat export quota to 5 million tons, with the stated goal of supporting local markets. Fresh supplies from the new-season crop are already arriving, and prices are hovering close to the government-set floor price. Traders, however, are reportedly still dealing with complications from the earlier allocation.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Rice prices in Asia surge as Iran war fallout hits Thai farming costs fast

Rice prices in Asia surge as Iran war fallout hits Thai farming costs fast

Thai rice prices have recorded their sharpest jump in over two years, as rising fuel and fertilizer costs tied to the Iran conflict squeeze farm economics. Even if tensions ease, experts expect higher input costs to linger, raising the risk of weaker rice output later. The ripple effect could tighten rice supplies across parts of Asia and lift food prices.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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