After second wave, patchy monsoon rains are raising growth and inflation worries for India

After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.

• Oct 11, 2019Why strong monsoon rains are not necessarily good news for Indian farmers-0.4%
• May 16, 2023Explainer: Why El Nino is a concern for Indian monsoon rains?-5.7%
• Jul 18, 2023Why Indian farmers worry despite 'average' monsoon rains+5.4%
• Aug 28, 2023India on track for lowest monsoon rains in 8 years -sources+6.2%
• Aug 14, 2019What The Current Late Monsoon Rainfalls Mean For India’s Agriculture-4.1%

After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• Aug 12, 2021India gets below-average monsoon rains for second straight week-3.4%
• Aug 28, 2023India on track for lowest monsoon rains in 8 years -sources-1.8%
• Oct 10, 2022Threat of food inflation looms as India grapples with delayed heavy rains+1.2%
• Sep 30, 2023India's monsoon rains hit five-year low due to El Nino-0.7%
• Aug 2, 2017Erratic Monsoon Rains Threaten Key Indian Grain, Food Crops - AgriBusiness Global+0.4%