India to extend free food grains programme by five years, says Modi

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.

• Nov 14, 2025India Set to Resume Wheat Product Exports After Three Years - Bloomberg+1.4%
• May 14, 2022India says ban on wheat exports is to check unregulated trade | Reuters+4.0%
• May 31, 2024India supplies only 3.7% of export restricted food commodities to countries committed two years ago | Mint-5.3%
• Aug 26, 2022India restricts wheat flour exports to bring down record prices | Reuters+0.4%
• May 16, 2022India bans wheat exports as heat wave hurts crop, domestic prices soar | Reuters+4.0%

After 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.

• Feb 29, 2024India's rice output to drop for the first time in 8 years, government says | Reuters-2.2%
• Sep 9, 2022India's rice curbs to lift prices, stoke food inflation worries | Reuters+5.0%
• May 31, 2024India supplies only 3.7% of export restricted food commodities to countries committed two years ago | Mint+2.4%
• Apr 11, 2025Grain-based ethanol has potential to boost farmers income by ₹35,000 cr, says report - The HinduBusinessLine+1.7%
• Jul 20, 2023India imposes major rice export ban, triggering inflation fears | Reuters+1.3%