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An outlook piece explains that the South-West monsoon, which delivers about 75% of India's rainfall, is crucial for rice, coarse cereals and pulses. Last year's rainfall was above the long-period average, and the June-August period is key.
Monsoon performance in June-August drives Indian kharif output and import needs, so it is a watched driver for rice and feed grain prices.
thehindubusinessline.comSubramani Ra MancombuJun 1, 2021After 31 past neutral weather events, Rough Rice moved a median -0.0% over 5 sessions (48% higher; middle half -2.1% to +2.1%), and -1.5% over 20.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% 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.
