
Indian animal feed makers argued at a workshop for allowing GM corn and soybeans, citing demand from ethanol and starch producers that has lifted raw material prices. Bt cotton is currently the only GM crop permitted for commercial cultivation in India.
If India permitted GM feed grains, supply could expand and ease domestic corn and soymeal costs, but this is only a lobbying push with no policy decision yet.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
Not enough comparable past events yet for a historical read.
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.