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India's weather department forecasts above-average monsoon rains for the June-September season. Good rains would support crop output, help curb food inflation and allow India, the world's largest rice exporter, to ship more rice.
A strong monsoon raises expectations of larger Indian rice and sugar supplies, which is bearish for global rice prices, though the forecast is months away from harvest.
reuters.comMayank Bhardwaj, Rajendra JadhavApr 15, 2025After 27 past bearish weather events, Rough Rice moved a median -1.6% over 5 sessions (37% higher; middle half -3.4% to +1.1%), and -1.3% 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.
