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India recorded a farm trade surplus for April-September 2020 as essential agricultural exports rose 43% to Rs 53,626 crore. Wheat exports were up 206% and non-basmati rice up 105%.
Preliminary agriculture ministry data based on customs figures showed the surplus against a deficit in the same period of 2019.
Growing Indian exports of wheat and rice signal firmer demand from import markets, supporting global prices for those grains.
timesofindia.indiatimes.comVishwa Mohan / TNN / Oct 11, 2020, 02:16 ISTOct 10, 2020After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), 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.
