This approach is expected to benefit soybean farmers, with an estimated payout of ₹800 (US$9.02) per quintal.
The announcement comes ahead of the Bharat International Rice Conference (BIRC) 2025, a flagship event that will explore trade opportunities and strengthen India’s dominance in the global rice supply chain.
This move is expected to inject much-needed revenue into the U.S. agricultural sector, which has suffered billions in losses due to the prolonged trade war and reduced Chinese demand.
Telangana contributed 12,005 hectares to the increase in cultivation, while Andhra Pradesh added 13,286 hectares.
With domestic needs fully met, Zimbabwe is now seeking export opportunities within the region, particularly in neighboring countries.