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Pulse Australia's director writes that Modi's election win suggests continuity in Indian agricultural pricing and import policy. He notes food inflation pressure, with April wholesale inflation at a 33-month high and pigeon-pea harvest about 20% below expectations.
Indian pulse import policy and tight domestic supply could support demand for Australian pulses, a niche commodity outside the feed grain complex.
graincentral.comGuest AuthorMay 28, 2019After 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.
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.
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.
