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Industry officials told Reuters that India's wheat output could hit a second straight record in 2020. The wettest monsoon in 25 years, with rainfall about 10% above average, is expected to expand planted area and lift yields.
Reservoirs were at 86% of capacity.
A larger Indian crop adds to already swelling stocks and may lead to more government procurement and export incentives, weighing on world wheat prices.
producer.comRajendra Jadhav4 Des 2019Setelah 334 peristiwa cuaca bearish sebelumnya, Gandum (SRW) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,9% sampai +1,7%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
