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An opinion piece argues that India's Modi government has protected farmers through import tariff hikes and MSP procurement, despite losses from procurement. It cites wheat stocks falling from about 18 million tonnes in 2014 to 8 million tonnes in 2017, and notes that low-price open-market sales (OMSS) weigh on farmer realisation.
Heavy state wheat stocks sold at low OMSS prices cap domestic wheat prices, and reduced government holdings could support prices if sales slow.
prelaunch.financialexpress.comTejinder NarangDec 26, 2017After 137 past neutral policy events, Wheat (SRW) moved a median -0.4% over 5 sessions (43% higher; middle half -1.9% to +1.2%), and +0.3% 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.
