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A Farm Policy Facts commentary says India's high tariffs and rising crop subsidies, including minimum support prices raised to 25% in July, are a barrier to US farm trade. It argues that US farmers will need a safety net while India keeps these measures.
India's protectionist tariffs and support prices limit imports of US farm goods and encourage domestic output, adding to global supply. The commentary itself moves no prices.
farmprogress.comOct 8, 2018After 468 past policy events, 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 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.
