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Government grain stocks held by India's Food Corporation of India (FCI) keep growing as open-ended procurement of wheat and rice continues. Haryana mandis briefly shut to paddy farmers before reopening, and a farm-cost commission has urged a review of the procurement system.
The article ties the stock burden to inadequate food subsidy budgets and fiscal deficit concerns.
Large state stockpiles cap domestic wheat and rice prices and make export surpluses more likely, which pressures world prices lower. Any shift away from open-ended procurement could eventually tighten or redirect supply.
business-standard.comSanjeeb Mukherjee13 Nov 2019Setelah 122 peristiwa kebijakan bearish sebelumnya, Gandum (SRW) bergerak median -0,3% selama 5 sesi (44% lebih tinggi; separuh tengah -1,9% sampai +1,2%), dan +0,4% selama 20 sesi.
Setelah 100 peristiwa kebijakan bearish sebelumnya, Gabah bergerak median -0,1% selama 5 sesi (49% lebih tinggi; separuh tengah -1,7% sampai +1,6%), dan +0,1% 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.
