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India is holding large food grain inventories from last year's record harvest as exports have been hit by a stronger rupee, lower global prices and overseas shipment restrictions. A bountiful monsoon is expected to deepen the glut and squeeze debt-ridden farmers.
Surplus domestic supply and weak export demand keep Indian corn, wheat, soybean and pulse prices depressed, which weighs on global feed grain and oilseed import-export balances.
reuters.comRajendra JadhavJun 9, 2017Not enough comparable past events yet for a historical read.
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.
