
India's 91 main reservoirs held 103.43 billion cubic metres on September 28, 13% below the 10-year average and 66% of capacity versus 74% a year earlier. The monsoon was below normal, with 17% of the country receiving insufficient rain.
Rabi crops including wheat, pulses and mustard are at risk and may be sown on a smaller area.
Lower reservoir levels reduce irrigation for the winter wheat crop and raise the risk of smaller output and higher domestic prices. Speculative buying could amplify the move.
Setelah 1.072 peristiwa cuaca bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,3%), dan +0,3% 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.