
Pakistan's plant quarantine department has stopped issuing import permits for Indian commodities without an official announcement. Agricultural exports to Pakistan were $225.8 million in 2015-16, under 0.3% of India's total agri exports.
The trade halt is small relative to India's total agri exports and has limited effect on world feed prices. It could reduce Indian cotton and pulse flows to Pakistan.
After 27 past geopolitics events, RICE moved a median +1.9% over 5 sessions (67% higher; middle half -0.6% to +3.5%), and +4.7% over 20.
After 493 past geopolitics events, WHEAT moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +3.6%), and +1.0% 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.