◂ Event Timeline

Jul 3, 2019REPORTIndia

Import and Export from Agricultural Sector

India's Commerce Ministry released data showing agriculture's share of total exports at 12.07% in 2016-17, 12.66% in 2017-18 and 11.76% in 2018-19. It notes that overall agricultural exports grew 2.64% in 2016-17, with declines in buffalo meat, basmati rice and cotton.

WHY IT MATTERS

This is historical background on trade composition with no new supply or demand shock, so it has little immediate effect on feed prices.

AFFECTSRICE WHEAT

SOURCE
pib.gov.inJul 3, 2019

Price reaction & history

RICEno directional readSO FAR1d +1.2%5d +6.2%20d +8.9%

After 247 past report events, RICE moved a median +0.0% over 5 sessions (51% higher; middle half -1.8% to +2.3%), and +0.9% over 20.

Nov 4, 2024India: Grain and Feed Update | USDA Foreign Agricultural Service-3.1%
Sep 24, 2024Mexico: Grain and Feed Update | USDA Foreign Agricultural Service-1.6%
Jun 19, 2024Mexico: Grain and Feed Update | USDA Foreign Agricultural Service-2.0%
Jul 1, 2026Australia: Grain and Feed Update | USDA Foreign Agricultural Service+2.1%
Oct 23, 2024Australia: Grain and Feed Update | USDA Foreign Agricultural Service-1.2%

WHEATno directional readSO FAR1d +0.5%5d -1.5%20d -3.4%

After 2,447 past report events, WHEAT moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), and +0.2% over 20.

Oct 9, 2017U.S. Agricultural Exports- Data Update from USDA - Farm Policy News+4.9%
Dec 4, 2023Export Sales to China, Mexico, and Philippines | USDA Foreign Agricultural Service+0.5%
Apr 21, 2021Agricultural Credit: Institutions and Issues - EveryCRSReport.com+4.5%
Oct 2, 2024China: Grain and Feed Update | USDA Foreign Agricultural Service-5.3%
Jun 19, 2024Mexico: Grain and Feed Update | USDA Foreign Agricultural Service-7.7%

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.

RICE · GP ▸

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WHEAT · GP ▸

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