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The Indian Meteorological Department reports that the southwest monsoon ran 9 percent below normal. Gro says the shortfall is expected to hurt yields and output of pulses and coarse cereals in some regions.
Lower Indian output of coarse grains and pulses tightens supply and may lift import demand and prices. The effect on world feed grain markets is limited by India's small export role in these crops.
Not 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.