
Ajay Goyal, chairman of the Wheat Products Promotion Society, said India is heading for one of its biggest wheat surpluses, with a potential record 117 million tonne crop and government stocks likely above 50 million tonnes by June 1. He said this makes a review of the wheat export ban almost unavoidable next year.
Rabi sowing is reportedly 10-15 days early, with acreage seen up 3-4%.
A large Indian surplus and a possible easing of export curbs would add supply to world wheat markets and pressure international prices. Domestic procurement and private trade would also shift.
Tras 122 eventos bajista de política pasados, Trigo (SRW) se movió una mediana de -0,3 % en 5 sesiones (44% al alza; mitad central entre -1,9 % y +1,2 %), y +0,4 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.