This upward revision is driven by improved yields across key oilseed crops, particularly soybeans, sunflower seeds, and groundnuts.
In his directive, Marcos said the move was necessary to allow the domestic market to absorb local production.
The summit will focus on the analysis of global and regional trends in grain, oilseed, and pulse markets.
The initiative allows WFP to procure fortified rice directly from India to meet the nutritional needs of populations facing severe food insecurity.
The forecast underscores the country’s continued reliance on external markets for more than half its wheat needs.