India 2027-28 Pulses Outlook: Why the Next Rabi Crop Matters to Global Markets

India’s 2027-28 Pulses Outlook: Why the Next Rabi Crop Matters to Global Markets

India sits at the centre of the global pulses market. As the world's largest consumer and a major producer, changes in its domestic production outlook can have significant implications for international trade flows and prices.

In its October edition of Pulses Monthly, AgPulse Analytica presents its first outlook for India's Rabi pulses production for Marketing Year 2027-28, alongside forward estimates for the wider Indian subcontinent.

The outlook examines three critical developments shaping the region's supply prospects.

First, the extent of recovery in Kharif tur and urad production following the 2026 monsoon shortfall will be an important determinant of domestic availability. Second, Rabi chana acreage faces uncertainty amid low reservoir levels, raising questions about planting prospects and the potential impact on the next harvest.

AgPulse's estimates assess the resulting domestic supply-demand balance, including potential deficit and surplus scenarios. These projections offer market participants an early indication of India's likely import requirements or exportable surplus.

For international traders, processors and other market participants, understanding India's evolving balance sheet is essential to anticipating changes in global trade flows and price direction.

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