India supplies only 3.7% of export restricted food commodities to countries committed two years ago

After 168 past bullish policy events, RICE moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% over 20.

• Sep 28, 2023Export ban on rice is regulation rather than restriction for food security: India to WTO's agriculture committee meet - The Hindu-3.3%
• Feb 8, 2024India’s export restrictions on rice continue to disrupt global markets, supplies, and prices | Asia and the Pacific Food Security Portal+0.7%
• Jul 29, 2024After a year, India’s rice export restrictions continue to fuel high prices | IFPRI-1.9%
• Sep 9, 2022India restricts rice exports, could fuel food inflation+5.0%
• Aug 27, 2022Govt may curb export of rice to  maintain ‘food security’ | India News+0.4%

After 182 past bullish policy events, WHEAT moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), and -0.3% over 20.

• Aug 3, 2023Rice prices hit 11-year high as Indian export ban fuels supply fears - Nikkei Asia+0.5%
• May 1, 2024India unlikely to lift ban on export of food items | India News+2.2%
• Apr 12, 2024Export bans, restrictions: How government is trying to keep food prices in check ahead of elections-0.7%
• Oct 19, 2021India's unexpected wheat export restriction traps 1.8 million tonnes at ports · Business Upturn+0.7%
• Dec 12, 2023India tightens control of agricultural commodities ahead of election – Chin@Strategy+2.2%