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A feature article describes Indian farmers adapting to increasing climate-related threats, including heat and erratic rain affecting wheat. It notes that the expected El Nino could cause drought-like conditions and that India may need to import wheat.
Expected El Nino-driven drought risk in a major wheat producer could eventually raise import demand, but the piece offers no concrete near-term supply change.
india.mongabay.comAditi TandonApr 4, 2023After 244 past weather events, Rough Rice moved a median +0.3% over 5 sessions (52% higher; middle half -1.9% to +2.3%), and +1.7% over 20.
After 1,773 past weather events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +2.1%), and +0.2% 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.
