# Good monsoon outlook in India tempers fears of rice export curbs | Today News

> A Bloomberg report says India's rice outlook has brightened after the IMD forecast a normal monsoon for a fourth year. Ample state reserves and a bumper crop reduce the chance of export curbs, and rice has been stable while other staples surged.

- Date: 2022-06-02 · published 2022-06-02T12:00:00.000Z
- Category: weather · region India · magnitude low
- Page: https://feedsoft.ai/events/40904-good-monsoon-outlook-in-india-tempers-fears-of-rice-export-curbs-today-news
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A normal monsoon and large stocks point to adequate Indian rice supply, which should keep global rice prices steady rather than lifting them.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-08-23 | [AgroPages-Why a good monsoon may not bring good news for India's economy-Agricultural news](https://feedsoft.ai/events/57553-agropages-why-a-good-monsoon-may-not-bring-good-news-for-india-s-economy.md) | +6.3% | +13.3% |
| RICE | 2023-09-01 | [El Nino, La Nina impact on monsoon strongest in north, least in central India: Study](https://feedsoft.ai/events/34473-el-nino-la-nina-impact-on-monsoon-strongest-in-north-least-in-central-india.md) | -4.1% | -5.2% |
| RICE | 2021-06-01 | [Kharif outlook: How monsoon is linked to agri, economic development - The HinduBusinessLine](https://feedsoft.ai/events/46518-kharif-outlook-how-monsoon-is-linked-to-agri-economic-development-the.md) | -0.2% | -1.1% |
| RICE | 2018-04-17 | [Why the monsoon is so crucial for India, Prime Minister Narendra Modi](https://feedsoft.ai/events/65470-why-the-monsoon-is-so-crucial-for-india-prime-minister-narendra-modi.md) | +0.1% | -5.6% |
| RICE | 2023-03-04 | [2 new varieties of rice increase in… \| PB Commercial](https://feedsoft.ai/events/12657-2-new-varieties-of-rice-increase-in-pb-commercial.md) | -5.6% | +2.5% |

## Sources

- livemint.com: https://www.livemint.com/news/india/good-monsoon-outlook-in-india-tempers-fears-of-rice-export-curbs-11654160231091.html

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