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Reuters reports India's 2019 wheat output could fall from a record crop this year because of scanty rains and higher temperatures in key growing areas. Farmers in Madhya Pradesh and nearby states planted less wheat and are short of irrigation water.
Analysts said the drop could raise local prices and prompt India to cut import taxes.
A lower Indian crop could cut export availability and raise import demand, which would support global wheat prices. Cutting Indian import duties would add further demand from the world's second-biggest producer.
在过去 1,072 次看涨的天气事件之后,小麦(SRW) 在 5 个交易日内中位数变动 +0.2%(55% 上涨;中间一半区间为 -1.4% 至 +2.3%),20 个交易日内为 +0.3%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。