Page 10 of Wheat

“A special carve-out is needed, as there should be a permanent rule under the WTO to enable a country which can supply from its official stocks to a grain-deficit country under extraordinary circumstances. It shouldn’t be a one-time relaxation for India or any other member,” said a source.

India to seek ‘carve-out’ in WTO rule on grain exports

At present, WTO rules make it difficult for a country to export grains from official granaries if these have been…

May 20, 2022 04:45 IST

The production is, however, lower by 4.61 per cent from the earlier estimate of 111.32 million tonnes projected for the 2021-22 crop year, the data showed.

Govt sees 3 pc fall in wheat output at 106.41 million tonnes in 2021-22

Agriculture secretary Manoj Ahuja had last week attributed the the fall in wheat production to lower crop yields, mainly in…

May 19, 2022 19:50 IST

Trade sources told FE that in Punjab and Haryana, arrivals of wheat in mandis have been minuscule, while markets in Madhya Pradesh had been closed for the last two days as traders have been protesting against an abrupt ban on wheat exports imposed by the government last week.

Mandi prices of wheat fall, but still marginally above MSP

Traders say that only a small quantity of wheat crop is held by farmers currently, as major chunks have been…

May 19, 2022 00:45 IST

Wheat export ban to marginally ease inflation as heat wave withers crop: Barclays

The export ban, Barclays believes, was triggered by a tightening in domestic wheat demand-supply dynamics, which could have pushed up…

May 18, 2022 16:26 IST

"Wheat export ban marginally positive for domestic inflation outlook," the analysts said, adding that a 10 per cent rise in domestic wheat prices pushes up the headline inflation by 0.27 per cent.

British brokerage says wheat export ban “marginally positive” for India inflation

Firming prices of the grain aggravating the already uncomfortable inflation situation was speculated as one of the reasons for the…

May 17, 2022 18:07 IST

About 300,000 tonnes of wheat bought by Egypt stranded in Ukraine

With Ukraine’s ports blocked off by Russia’s invasion, it has been forced to send shipments across its western border, relying…

May 17, 2022 16:23 IST

Govt allows exporting wheat consignments registered with customs authority prior to ban order

The government decided to permit the full consignment of 61,500 MT and allowed it to sail from Kandla to Egypt,…

Updated: May 17, 2022 15:14 IST

US hopes India would ‘reconsider’ its decision to restrict wheat exports

The decision would help control retail prices of wheat and wheat flour, which have risen by an average 14-20 per…

May 17, 2022 11:53 IST

Even before the hot summer clipped the wheat harvest, many had, in fact, questioned the farm ministry’s bumper output projections of 111.3 million tonne for the crop year through June 2022.

Wheat export ban: U-turn on wheat exposes gaps in data system

Subsequently, on April 25, FE also reported about the looming supply crunch and how even private players were active in…

May 17, 2022 06:15 IST

Even prices in Haryana fell by about Rs 53/quintal. Interestingly, prices in Rajasthan rose by Rs 31/quintal.

Against the grain: Farmers may still be able to export some wheat

India has been meeting part of its neighbours’ food security requirements, especially Bangladesh, by exporting wheat and rice in large…

Updated: May 17, 2022 10:04 IST

Punjab mandis reported wheat arrivals of just 144 tonne on Sunday. “The decision to ban wheat export was timely and it would increase domestic availability of grain and prices would soften,’ Anjani Agarwal, president, Roller and Flour Millers Federation of India, said.

Wheat export ban: Traders staring at huge losses as mandi prices fall up to 8%

Wheat prices have declined around 8% since Friday in mandis across Gujarat. In Punjab and Haryana, where procurement operations have…

May 17, 2022 00:00 IST

After harvesting five consecutive record crops, New Delhi was hoping a sixth crop would be even higher at 111.32 million tonnes.

What India’s U-turn on wheat exports means for world markets – Explained

Benchmark wheat futures in Chicago jumped by their 6% limit on Monday as markets reacted to the ban announced over…

May 16, 2022 18:34 IST

Explainer: What’s behind wheat export ban?

Critics say a ban on wheat exports would disrupt market channels and prove to be anti-farmer. But a look at…

Updated: May 16, 2022 08:41 IST

Knee-jerk response: An extreme step like wheat export ban can dent India’s policy credibility

The government has also said that private traders need not worry as about 4 million tonnes of wheat that has…

Updated: May 16, 2022 10:48 IST

Wheat procurement extended till May 31 in 6 states: Food ministry

Wheat procurement was scheduled to end on May 10 in Rajasthan and on May 15 in Uttar Pradesh, Madhya Pradesh,…

May 15, 2022 19:36 IST

Ban on wheat exports is to check unregulated trade, Centre says

Global buyers were banking on supplies from the world’s second-biggest producer after exports from the Black Sea region plunged following…

May 14, 2022 16:59 IST

Wheat export ban will help in crushing attempts to hoard Indian wheat for price manipulation in global mkts: Sources

India has banned wheat exports with immediate effect as part of measures to control rising domestic prices, according to an…

May 14, 2022 15:34 IST

Flour millers’ association RFMFI welcomes govt’s decision to ban wheat exports

Roller Flour Millers Federation of India (RFMFI) President Anjani Aggarwal said the association had written to the government to regulate…

May 14, 2022 11:05 IST

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