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Reuters reports that a weak monsoon is delaying winter sowing for farmers in southern and western India, threatening yields of wheat, chickpeas and other crops. Prices of sugar, pulses, wheat, rice, onions, milk and poultry are rising, and the Reserve Bank of India may respond with rate hikes.
Lower Indian winter crop yields and rising poultry and dairy costs point to stronger domestic demand for imported feed grains and higher prices for chicken and milk products.
economictimes.indiatimes.comReutersNov 3, 2026After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
After 32 past bullish weather events, Milk (Class III) moved a median +0.1% over 5 sessions (50% higher; middle half -0.7% to +3.4%), and +3.2% 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.
