# Sharp fall in exports keeps farm produce prices suppressed - IBTimes India

> 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.

- Date: 2019-02-12 · published 2019-02-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/60558-sharp-fall-in-exports-keeps-farm-produce-prices-suppressed-ibtimes-india
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A global surplus and delayed off-take keep world grain and rice prices under pressure, which favors buyers of feed ingredients.

## Read by commodity

- RICE: bearish ▼
- WHEAT: bearish ▼

## Sources

- ibtimes.co.in: https://www.ibtimes.co.in/sharp-fall-exports-keeps-farm-produce-prices-suppressed-791784

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.