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Indian farm exports fell sharply in March and April due to the COVID-19 lockdown, raising concerns about a slump in 2020-21. Experts see opportunities in buffalo meat and rice as countries shift away from Chinese goods.
Weaker Indian farm export volumes reduce demand for Indian commodities in global markets, while any gains in rice or meat exports would partly offset that.
business-standard.comSanjeeb MukherjeeMay 27, 2020After 442 past trade events, 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 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.
