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India's agricultural exports fell nearly 9% in the first 11 months of 2023-24 to $43.7 billion, due to bans on staples and the Red Sea crisis. Officials plan to boost perishables and fruit exports and are unlikely to lift bans on key staples.
Continued staple export bans reinforce tight Indian supply of rice, wheat and sugar, supporting world grain prices while the country shifts toward perishables.
hindustantimes.comZia HaqMay 4, 2024After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% over 20.
After 182 past bullish policy events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), and -0.3% 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.
