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An explainer examines how much of Punjab's cropped area is sown to paddy and wheat, now about 85 percent of total area. It reviews the options for crop diversification into pulses, maize and oilseeds.
The debate is connected to the ongoing farmer protests.
Shifting Punjab's acreage away from paddy and wheat could eventually change India's rice and wheat surpluses available for export. The effect on prices is long-term and uncertain.
indianexpress.comHarish Damodaran, Anju Agnihotri ChabaDec 16, 2020After 100 past neutral policy events, Rough Rice moved a median +0.0% over 5 sessions (51% higher; middle half -2.6% to +2.3%), and +0.7% over 20.
After 137 past neutral policy events, Wheat (SRW) moved a median -0.4% over 5 sessions (43% higher; middle half -1.9% to +1.2%), 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.
