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Indian millers warn that flour supplies for atta, maida and sooji could run out within 10 days because mandis have been shut and unseasonal rain delayed wheat procurement. The Roller Flour Millers Federation has asked the Food Corporation of India for direct OMSS wheat sales and longer payment terms.
Domestic wheat shortages in India increase demand for government stocks and imports, which supports wheat prices in the near term.
cnbctv18.comPriya ShethMar 24, 2020After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% 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.
