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India has positioned itself as a global food security supporter during COVID-19, stating it imposed no farm export restrictions during its lockdown. Trade officials say agricultural exports rose 23% during March-June 2020, and the government aims to expand global food trade.
New FAO data suggests domestic poverty and food access remain concerns.
India's continued open export policy keeps rice, meat and dairy supplies available to world markets, which limits upside price pressure. Any reversal of that stance would tighten global supply.
foodnavigator-asia.comPearly NeoOct 26, 2020After 442 past trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.3%), and +0.6% over 20.
After 1,079 past trade events, Wheat (SRW) moved a median -0.0% over 5 sessions (49% higher; middle half -1.6% to +1.7%), 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.
