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Excess October rainfall and hailstorms left fields too wet in Haryana, delaying rabi wheat sowing. Scientists expect sowing to pick up after Diwali as conditions improve.
Delayed Indian wheat sowing raises concerns about the size of the rabi crop, which can influence India's import and export policy and global wheat sentiment, though the effect is still uncertain at this stage.
After 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.
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.