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Prices for most of India’s kharif crops are above government minimum support prices, as drought during the southwest monsoon and untimely rain are expected to reduce yields. Market participants also report record prices for some crops, including rice and maize, while prices for some varieties of moong and bajra remain below MSP.
Weather-reduced output tightens domestic crop availability and supports prices, including for rice and maize. Higher feed-grain costs may raise procurement costs for Indian feed buyers.
thehindubusinessline.comVishwanath Kulkarni, Prabhudatta MishraNov 9, 2026After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
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.
