# Threat of food inflation looms as India grapples with delayed heavy rains

> Unseasonal heavy rain in India has damaged and reduced summer-sown crops such as rice, soybean, cotton and pulses, and has delayed wheat planting. October rainfall is forecast at 115% of the long-term average, and reports say about 150,000 paddy crops were damaged in Punjab.

- Date: 2022-10-10 · published 2022-10-10T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/39075-threat-of-food-inflation-looms-as-india-grapples-with-delayed-heavy-rains
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Crop losses and harvest delays raise the risk of higher domestic food inflation and further export restrictions, which would tighten world rice and soymeal-related supplies.

## Read by commodity

- SOY: bullish ▲
- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-08-29 | [Prolonged Monsoon Rains Threaten India’s Crop Outlook \| Headlines](https://feedsoft.ai/events/28729-prolonged-monsoon-rains-threaten-india-s-crop-outlook-headlines.md) | +2.3% | -1.4% |
| RICE | 2017-08-02 | [Erratic Monsoon Rains Threaten Key Indian Grain, Food Crops - AgriBusiness Global](https://feedsoft.ai/events/69408-erratic-monsoon-rains-threaten-key-indian-grain-food-crops-agribusiness-global.md) | -1.8% | -0.7% |
| RICE | 2021-07-20 | [After second wave, patchy monsoon rains are raising growth and inflation worries for India](https://feedsoft.ai/events/46033-after-second-wave-patchy-monsoon-rains-are-raising-growth-and-inflation-worries.md) | +3.9% | +3.9% |
| RICE | 2023-04-27 | [Threat of El Niño looms, FAO prepares anticipatory actions with Members and partners](https://feedsoft.ai/events/36313-threat-of-el-nino-looms-fao-prepares-anticipatory-actions-with-members-and.md) | +4.7% | -1.9% |
| RICE | 2019-07-29 | [Food to get costlier: Inflation may rise as poor monsoon rains hit rice, food grain output - Economy News \| The Financial Express](https://feedsoft.ai/events/58050-food-to-get-costlier-inflation-may-rise-as-poor-monsoon-rains-hit-rice-food.md) | -4.0% | -10.0% |
| SOY | 2024-08-29 | [Prolonged Monsoon Rains Threaten India’s Crop Outlook \| Headlines](https://feedsoft.ai/events/28729-prolonged-monsoon-rains-threaten-india-s-crop-outlook-headlines.md) | +5.2% | +8.6% |
| SOY | 2017-08-02 | [Erratic Monsoon Rains Threaten Key Indian Grain, Food Crops - AgriBusiness Global](https://feedsoft.ai/events/69408-erratic-monsoon-rains-threaten-key-indian-grain-food-crops-agribusiness-global.md) | +0.4% | -3.0% |
| SOY | 2021-07-20 | [After second wave, patchy monsoon rains are raising growth and inflation worries for India](https://feedsoft.ai/events/46033-after-second-wave-patchy-monsoon-rains-are-raising-growth-and-inflation-worries.md) | -1.1% | -3.6% |

## Sources

- foodingredientsfirst.com: https://www.foodingredientsfirst.com/news/threat-of-food-inflation-looms-as-india-grapples-with-delayed-heavy-rains.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.