The nature of monsoon in terms of amount of rainfall received during the months of June-September and distribution of rainfall across regions of the country and over the four month period remains the most important determinant of annual agricultural harvest in the country. This year, there has been a significant deficiency in rainfall received in June. The present report provides a review of the developments in the food commodity sectors, covering both domestic and international markets for the period January-March 2014 and available data upto June 2014.