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Economist Ashok Gulati argues that India's food demand will rise sharply as its population approaches 1.5 billion by 2030 and incomes grow. He notes that limited cultivated land, depleting groundwater and climate risks could push India toward becoming a large food importer.
A structural shift toward Indian food imports would add long-term demand for grains and oilseeds on world markets. The piece is analysis rather than a near-term market event, so the price effect is distant.
thehindubusinessline.comAshok GulatiApr 23, 2019After 442 past trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.3%), and +0.6% over 20.
After 1,079 past trade events, Wheat (SRW) moved a median -0.0% over 5 sessions (49% higher; middle half -1.6% to +1.7%), 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.
