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Wednesday, January 11, 2023
India's upcoming wheat harvest could reach record high
Wheat production in India could reach a record high, after all-time high prices of the grain pushed farmers to expand planting areas with grow high-yielding varieties, helped by good weather conditions, Business Recorder reported.
Wednesday, January 4, 2023
India considering to sell wheat in the open market
Two Indian government officials said the Indian government is considering to sell 2.1 million tonnes of wheat on the open market in order to reduce food inflation, with a final decision to be made in the next 10 days, Money Control reported ...
Tuesday, January 3, 2023
India's wheat exports 30% up to US$1.5 billion between April to November 2022
India's Ministry of Commerce and Industry said wheat exports jumped 29.29% to US$1.5 billion between April to November 2022, compared to US$1.17 billion in the same period in 2021, Hellenic Shipping News reported.
Thursday, December 1, 2022
India expects bumper wheat harvest next year
India is expected to harvest a bumper wheat crop next year, thanks to soaring domestic prices and replenished soil moisture that has helped farmers in the country exceed 2021's planting, Deccan Herald reported.
Friday, November 25, 2022
India will take steps to curb increase in wheat prices
The government of India said it will take steps to curb a possible increase in wheat prices, as it closely monitors rates in the retail market, following a wheat export ban announced in May 2022 to boost domestic supplies and control prices ...
Monday, November 14, 2022
India's wheat planting acreage up nearly 10%
Data from India's Ministry of Agriculture & Farmers' Welfare showed the country's has planted wheat on 4.5 million hectares since October 1, 2022, 9.7% higher year-on-year, Reuters reported.
Monday, November 14, 2022
India's soaring wheat prices could prompt government to announce price-cooling measures
India's trade and government sources said soaring wheat prices in the country could prompt the government to announce price-cooling measures, including the release of state reserves and the termination of the 40% tax on imports, the Times o ...
Tuesday, October 25, 2022
India's wheat shipments only up 10% following ban on exports
Wheat shipments from India has only increased 10% year-on-year after India's government imposed a ban on exports of wheat to other countries five months ago to keep domestic prices down, the Indo-Asian News Service reported.
Friday, October 21, 2022
India could sell wheat in the open market as it has ample stocks
Sudhanshu Pandey, India's most senior civil servant at the Ministry of Consumer Affairs, Food and Public Distribution said that the country has ample stocks of wheat and rice, and the government could sell wheat in the open market to contro ...
Monday, August 22, 2022
No intention to import wheat, India says
India has sufficient stocks of wheat and there is no plan to import the grain, the government clarified on August 21 after some media outlets reported New Delhi was planning to import wheat.
Thursday, July 28, 2022
Wheat prices in India increase to record high despite export ban
Wheat prices in India have increased to a record high despite an export ban, due to rising demand and low supply from a crop damaged by heatwave, Reuters reported.
Monday, June 27, 2022
Wheat export ban's impact on India and the world
The world is depending on India for the supply of wheat as no fresh arrival is expected from anywhere in the world between now and July.
Friday, May 27, 2022
India has no immediate plans to ease ban on wheat exports
Piyush Goyal, India's Commerce Minister, said the country has no immediate plans to ease its ban on wheat exports, but would continue to do business with foreign nations directly, Reuters reported.
Thursday, May 19, 2022
India permits wheat exports awaiting customs clearance
India's government has permitted wheat exports awaiting customs clearance, easing export restrictions after banning international sales of the staple grain on Saturday, Reuters reported.
Wednesday, May 18, 2022
1.8 million tonnes of wheat stuck in India's ports due to export ban
Four dealers said about 1.8 million tonnes of wheat are stuck in India's ports due to an export ban imposed on the grain, resulting in traders facing hefty losses from possibly selling to a weaker local market, Reuters reported.
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