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The India Meteorological Department says most global models forecast El Niño during the monsoon season, possibly lasting until early 2027. IMD has forecast a below-normal 2026 monsoon at 92% of the long-period average.
The agency warns of lower rainfall during both the kharif and rabi seasons.
A weak monsoon threatens Indian kharif rice and other crop output, which could cut domestic supply and lift global rice prices as India's export availability tightens.
thehindubusinessline.comPrabhudatta MishraMay 1, 2026After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
