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Pulse prices in India have cycled sharply, with inflation peaking at 49% in November 2015 and falling 32.6% in June 2017 after a bumper crop. A study of five pulses shows a cobweb pattern in which farmers respond to lagged prices.
The author recommends permitting exports of restricted pulses during surplus years.
Export flexibility would give surplus pulses an outlet and cushion farm-gate prices. Pulses are not among the tracked feed commodities, so the direct effect on feed markets is limited.
livemint.comDharmakirti JoshiOct 1, 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.
