New Grain Production Estimates The government of India (GOI) released its third advance estimates on 23 April, putting 2011/12 grain production at 252.56 MMT, nearly 2 MMT higher than the second advance estimates of 250.42 MMT released on 2 February. The total grain production is estimated to be 7.78 MMT higher than last year's grain production of 244.78 MMT, an increase of 3.17 percent.Rice production is estimated at 103.41 MMT. Wheat production is estimated at 90.23 MMT, a new record, and is higher than last year's production by almost 4 MMT and higher than the second advance estimates by almost 2 MMT.With the country's problem of plenty and unavailable storage space, there are indications that GOI may release more grain under the Open...