<div id="readability-page-1">Why stocks matter: High global grain reserves could cushion food supply shocks from the forecast super El Niño, unlike previous events when stocks were tighter. India's strong reserves: India’s wheat and rice inventories are at multi-year highs, boosting its ability to manage exports, control inflation, and safeguard domestic food security. Risks still loom: El Niño may still harm crops in Asia, Africa, and Australia, with vulnerable economies facing the greatest challenges despite global stockpiles.</div>

WEAT

<p>High global grain reserves may mitigate food supply risks from the forecast super El Niño, contrasting with tighter stocks in past events. India's wheat and rice inventories are at multi-year highs, enhancing its capacity to manage exports, control inflation, and ensure domestic security. However, El Niño still threatens crops in Asia, Africa, and Australia, posing significant challenges for vulnerable economies despite adequate global stockpiles.</p>

Record grain stocks may buffer super El Niño food risks