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Indian farm exports have fallen sharply in volume, with non-basmati rice exports down 14% by volume and wheat exports down about 46%, as a global glut of agricultural commodities leads buyers to delay purchases. Indian farmers are receiving low prices ahead of the election.
A global surplus and delayed off-take keep world grain and rice prices under pressure, which favors buyers of feed ingredients.
ibtimes.co.inPrathapan BhaskaranFeb 12, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
