India diversifies food exports as curbs on domestic staples weigh

After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% over 20.

• Nov 4, 2017Rice drives India's agri exports | Commodity - Food & Edible Oils - Business Standard-1.1%
• Jul 31, 2023Thai, Vietnamese prices hit over decade highs on India curbs rice export+2.1%
• Mar 26, 2020Food security concerns stoked as exporters curb sales, importers buy more+3.2%
• May 15, 2024India’s rice exports dip 27% in FY24 to 16.35 mt on shipment curbs - The HinduBusinessLine-0.7%
• Jul 21, 2023Exclusive: India's rice-export curbs put contracts for 2 million tons at risk, dealers say-0.6%

After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.

• Apr 26, 2022How wheat exports can imperil domestic food security, in charts | Mint-1.4%
• Jul 31, 2023Thai, Vietnamese prices hit over decade highs on India curbs rice export+0.2%
• Jun 22, 2023India may be forced to reinstate exports ban as wheat harvest ...+7.6%
• Oct 30, 2020Wheat prices gain in India on higher export and festival demand, but still rule below MSP-1.8%
• Jun 21, 2023India approves wheat, broken rice exports requests from 4 countries+9.4%