◂ Event Timeline

Jul 10, 2019POLICYIndia

Promotion of Agro Exports

India's Ministry of Commerce issued a press release outlining its agricultural export policy vision, objectives and export promotion schemes. It describes a freight assistance scheme and several export support programs, with no new quantitative measures.

WHY IT MATTERS

The release restates existing policy without changing trade flows or prices, so its direct effect on feed commodity markets is minimal.

AFFECTSRough Rice Wheat (SRW)

SOURCE
pib.gov.inJul 10, 2019

Price reaction & history

Rough Riceno directional readSO FAR1d +0.5%5d +1.6%20d -2.2%

After 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.

Sep 25, 2017What should an agricultural export promotion policy focus on?-3.0%
Oct 29, 2017Improving Agricultural Exports-2.3%
Feb 1, 2018Govt to take steps to promote agri commodity exports: Jaitley | Govt to take steps to promote agri commodity exports: Jaitley+0.5%
Jul 17, 2019Agri Export Zones+1.6%
Nov 21, 2019Export-Import of Agricultural Products | Country and Politics+2.4%

Wheat (SRW)no directional readSO FAR1d +0.1%5d +0.5%20d -2.8%

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.

Sep 25, 2017What should an agricultural export promotion policy focus on?-7.1%
Jul 17, 2019Agri Export Zones-3.3%
Nov 21, 2019Export-Import of Agricultural Products | Country and Politics+0.7%
Apr 25, 2017Farm Bill Primer: Trade and Export Promotion Programs - EveryCRSReport.com+3.6%
Sep 28, 2018Looming expiration of farm bill raises risks for trade promotion+2.6%

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.

Rough Rice RICE · GP ▸

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Wheat (SRW) WHEAT · GP ▸

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