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The Indian government plans to unveil a new agricultural export policy to lift sagging farm commodity prices. The policy will address phytosanitary compliance, cold chains and about 25 farm export clusters.
If implemented, easier export access could draw Indian farm supplies into world markets, a modest bearish factor for global prices of exported grains and pulses.
hindustantimes.comZia HaqDec 21, 2017After 468 past policy events, Rough 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 (SRW) 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.
