Loading…
An Indian Express editorial reports that foodgrain output is set to hit a record 316 million tonnes in 2021-22, rising every year since 2015-16. It notes that coarse grains are declining while maize is rising.
The piece argues that farmers are not benefiting from the higher production.
Record domestic output reduces import dependence for key grains, which is mildly bearish for world prices. The editorial focuses on farm incomes and does not signal a near-term price shift.
indianexpress.comEditorialFeb 20, 2022After 247 past report events, Rough Rice moved a median +0.0% over 5 sessions (51% higher; middle half -1.8% to +2.3%), and +0.9% over 20.
After 2,447 past report events, Wheat (SRW) moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), 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.
