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An analysis argues India's reported farm export growth of about 34% for April to September 2020 is overstated because buffalo meat, marine products, raw cotton and plantation crops were excluded. Including these items, total farm exports were $18.10 billion, down 1.03% year on year.
The article questions the government's data methodology.
The correction to India's export statistics changes the picture of Indian supply availability but has little direct effect on feed commodity prices.
rediff.comSanjeeb MukherjeeNov 17, 2020After 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.
