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India has extended for six months the entry of non-fumigated crop cargoes, deferring a threatened requirement for methyl bromide treatment at origin. The earlier threat had put pulse supplies from Canada and wheat from the Black Sea and Europe at risk.
The extension removes a near-term import disruption risk for Indian wheat and pulse buyers, easing pressure on those supply chains.
in.thedollarbusiness.comJun 30, 2017After 137 past neutral policy events, WHEAT 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.
