The prevalence of drought news has prompted GOI to discuss agricultural policies regarding ways to save water and promote crops that can thrive under arid conditions. Its next step would be to encourage the cultivation of drought-tolerant GM crops. Potential Sugar Imports for India? It may be too early to comment, but there is talk that India could be in the market for raw sugar imports in 2016/17. With the ongoing drought situation there and sugar mills closing operations in Maharashtra, Karnataka and Andhra Pradesh, sugar production may drop more than anticipated. India’s 2015/16 sugar stocks could close at 7.5 MMT, but prices might spiral and imports may be needed if production declines. Sugarcane growers who have lost plantings in the...