Corn use increasing, replacing wheat and old stock rice

FPI and CPI up 3% from previous month

Government introduced minimum floor price

Crop production continues to shift amid long-term price, consumption trends

Declining population, grain self-sufficiency push may lower demand

Higher than average rain helps corn, sorghum, rice 

Included rice field, mill and port

Ending stocks seen falling to 10-year low

Estimated 298.41 million tonnes impacted by inconsistent rainfall

Lower wheat prices contribute to decline