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Bloomberg reports that India's wheat and sugar export curbs have raised concern that rice could be restricted next. Analysts note India's rice stocks are ample and prices stable.
Growing expectations of a rice export curb support global rice prices and raise food-security risks for importing countries.
m.economictimes.comBloombergMay 26, 2022After 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.
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.
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.
