Agri markets kept trading with very high volatility as no clear report emerged on the Monsoon front. Conflicting reports about its impact in the month of July kept sentiments fluctuating.
· Any fall in Monsoon rains this month would adversely affect the sowing prospects which had been good so far. Most agri prices are at low levels and may find strong support here.
· Cabinet meeting next week to discuss price rise issues could prevent Agri prices from shooting up a lot in the near term.