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Poorest Monsoon in Five Years May Dim India Sugar Export Outlook.
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- Abstract:
(Bloomberg) -- India recorded the weakest monsoon rains in five years, increasing the risk to crops in the fields and raising the probability of longer curbs on exports of farm commodities such as sugar, rice and wheat. Besides curbing exports of sugar and some grains, the authorities are cracking down on hoarding and selling farm goods from central reserves to cool prices. [Extracted from the article]
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