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India's agricultural exports fell 22% between 2013-14 and 2016-17 while imports rose 62%, cutting the farm trade surplus by 70%. Newly appointed commerce minister Suresh Prabhu said the government will soon announce a policy to boost farm exports.
A policy push to lift Indian farm exports could eventually increase demand for Indian grain, oilseed and feed-related commodities on world markets, though no immediate price shock is indicated.
livemint.comDipti JainSep 25, 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.
