# Not Only Onion Prices, Rice, Pulses, Edible Oil Will Cost More Because Of Untimely Floods

> Skymet estimates India's rice output at about 90 million tonnes, roughly 10% below the government estimate for the Kharif 2019 season. Heavy monsoon rains and floods have damaged kharif crops, and this would be the first output decline in five years. Prices of rice, pulses and edible oils are expected to rise.

- Date: 2019-12-18 · published 2019-12-18T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/55559-not-only-onion-prices-rice-pulses-edible-oil-will-cost-more-because-of-untimely
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A smaller Indian kharif rice crop reduces exportable surplus and supports global rice prices.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-08-31 | [Thai rice prices hit two-month peak, Bangladesh hit by floods – MillingandMillers.com](https://feedsoft.ai/events/28864-thai-rice-prices-hit-two-month-peak-bangladesh-hit-by-floods-millingandmillers.md) | -0.5% | +1.9% |
| RICE | 2023-08-02 | [Rice prices soar on back of India’s export ban](https://feedsoft.ai/events/12039-rice-prices-soar-on-back-of-india-s-export-ban.md) | +0.3% | +4.4% |
| RICE | 2024-04-05 | [High rice inflation could linger until July as market prices keep going up](https://feedsoft.ai/events/10813-high-rice-inflation-could-linger-until-july-as-market-prices-keep-going-up.md) | +4.1% | +12.2% |
| RICE | 2018-09-19 | [Rice prices hit highest level; production target unattainable \| Philstar.com](https://feedsoft.ai/events/63114-rice-prices-hit-highest-level-production-target-unattainable-philstar-com.md) | -1.7% | +8.4% |
| RICE | 2023-12-06 | [How long will the El Nino last? Latest official forecasts - Grain Price News](https://feedsoft.ai/events/32486-how-long-will-the-el-nino-last-latest-official-forecasts-grain-price-news.md) | +0.5% | +0.7% |

## Sources

- indiatimes.com: https://www.indiatimes.com/news/not-only-onion-prices-rice-pulses-edible-oil-will-cost-more-because-of-untimely-floods/articleshow/127998686.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.