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India's agriculture ministry released an action plan to promote agri trade, focusing on value addition and import substitution. It reported agri exports of Rs 25,552.7 crore from March to June 2020, up 23.24% from the same period in 2019.
The plan is a policy intention with no immediate supply or price effect, though rising Indian agri exports suggest continued trade flows.
pib.gov.inAug 18, 2020After 468 past policy events, Rough Rice moved a median +0.3% over 5 sessions (53% higher; middle half -2.0% to +2.0%), and +0.1% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), 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.
