May 9, 2008

India least likely to halt corn shipments

India is unlikely to halt corn exports as of now as the country is exporting meager quantity already, Commerce Secretary G.K. Pillai said at conference in the southern city of Kochi.

The country is estimated to ship around 2.1 million tonnes of corn by May, a US Grain Council official said last month.

The Indian government said production is likely to be around 16.78 million tonnes in the current crop year.