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An AgroPages explainer argues that geographical indication branding could help India raise agricultural export returns. It notes that agri-imports, mainly palm and sunflower oil, reached a record $25 billion in FY18 and could soon exceed exports.
This is a general policy commentary with no immediate supply or price change, so it has little direct effect on commodity markets.
news.agropages.comAug 16, 2019After 468 past policy events, 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 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.
