February 7, 2013
India Cabinet to discuss issue of increasing wheat exports
India's Cabinet is expected to discuss the issue of exporting more wheat in order to reduce warehouse stocks for the new crop season, according to the country's Farm Minister, Sharad Pawar.
Recent rains have improved wheat productivity prospects, Pawar said, but have hit oilseed crops, he added, without giving details.
Farmers in India, the world's biggest wheat producer after China, are likely to harvest a bumper crop in 2013, its sixth in a row to exceed demand.
After lifting a four-year-old ban on wheat exports by private traders in 2011, the government approved 4.5 million tonnes of exports from its overflowing warehouses in 2012.
