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India’s own agriculture’s prospects are increasingly linked to global markets. An assessment of global production, prices and trade are important considerations for India’s policy makers in both the government and in the private sector.

The international agencies such as Food and Agriculture Organisation (FAO), United States Department of Agriculture (USDA) and International Grains Council provide assessment of the global production, trade and price conditions for the current year and also over the longer term. The quarterly and medium term reports of the present study provide an overview of the global perspectives based on these reports.