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India's agricultural exports grew 17.34% to $41.25 billion in FY21, driven by cereals, non-basmati rice, wheat, millets and maize. Growth was strongest in Indonesia, Bangladesh and Nepal, and the commerce secretary credited policy and new market expansion.
Rising Indian grain exports to new markets tighten global cereal supply at the margin and support rice and wheat prices.
business-standard.comShreya NandiJun 10, 2021After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% over 20.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% 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.
