Tag: Wheat Export

Wheat
India export ban shakes global wheat prices

The export ban was announced just days after the US Department of Agriculture forecast that global wheat production would drop for the first time in four years in 2022-23.

Wheat export ban to reign in domestic inflation, no threat to food security: Govt
Wheat export ban to reign in domestic inflation, no threat to food security: Govt

Against the first estimate of wheat production of 1,113 lakh metric tonnes (LMT) this year (2022-23), the estimate was revised to 1,050 LMT due to early summer/heat wave. Against the estimated procurement of 195 LMT, the actual procurement as of May 13 stood at 180 LMT, including approximately 75 LMT wheat containing shriveled grain.

Wheat
India bans wheat exports with immediate effect

India has banned wheat exports with immediate effect as part of measures to control rising domestic prices, according to official notification.

India Looking Beyond Conventional Markets To Export Wheat
India Looking Beyond Conventional Markets To Export Wheat

India has reported a wheat export worth of $2352.22 mn in the last three years, including the first 10 months of current fiscal 2021-22. In 2019-20, the wheat export was worth $61.84 mn which rose to $549.67 mn in 2020-21, a statement from the Ministry of Commerce and Industry said.

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