Page 13 - Wheat

Egypt's deal to buy Indian wheat at $400 per tonne stands, says minister

Egypt contracted to buy the 180,000 tonnes of wheat from India in June.

Wheat stocks likely to be 80% higher than buffer norm by next April: Govt

The govt suspended wheat export on May 13, moving all varieties of wheat, including high-protein durum, from 'free' to the 'prohibited' category

Grain of the matter

Govt's grain stock reduction is a good development

Wheat stock in central pool close to minimum threshold amid low procurement

Grain inventory in central pool, as on July 1, 2022, lowest since 2019

UN chief Guterres hails progress in talks over Ukraine grain exports

UN Secretary-General Antonio Guterres has hailed what he called "substantive progress" in ensuring the export of Ukrainian food products through the Black Sea.

Ukraine cancels licensing of wheat, meslin exports: Food ministry

The Ukrainian government has cancelled the licensing of the exports of wheat and meslin -- a mixture of wheat and rye, the country's Agrarian Policy and Food Ministry said in a statement on Friday

After wheat, India now curbs the export of wheat flour and related products

The Centre has made it mandatory for all exporters to seek prior permission from the inter-ministerial committee on wheat export before undertaking any outbound shipment

UP, Gujarat ask Centre to restore wheat quota under two food schemes

States raise matter in central government's meeting on food security, say beneficiaries complaining

DGFT issues RCs for 1.6 mn tonnes wheat export after May 13 ban order

The commerce ministry's arm DGFT has issued registration certificates for about 1.6 million tonne of wheat to exporters having valid letter of credit, after the ban order of May 13, an official said

Egypt contracts to buy 180,000 tonnes of wheat from India: Aly Moselhy

India banned wheat exports in May because of lower domestic production, but made allowances for countries like Egypt with food security needs

India exported 1.8 mn tn wheat to several countries since ban: Food Secy

About 33,000 tonnes of wheat as humanitarian assistance has already been supplied to Afghanistan against the commitment of 50,000 tonne

Wheat exports reach 3 mn tn; govt considering requests from other nations

On plans to ban wheat flour (atta) export, Food Secretary Sudhansu Pandey said the government is monitoring the situation and would take steps at appropriate time.

Plenty of gaps in food inflation control measures, complain industry bodies

They say some measures have spawned malpractices on the part of exporters, others have been partial to a certain section of traders

Bangladesh tries to secure wheat from Russia as India stops exports: Report

The supply deal with Russia, the world's biggest wheat exporter, could help Dhaka in meeting its needs below the elevated global prices, industry officials said.

Mandatory registration on the govt anvil to curb wheat flour exports

Some reports said India usually exported 6,000-8,000 tonnes of wheat flour during April-June per month, and that has climbed to almost 100,000 tonnes because of the ban

Higher margins could push farm exports to FY22 level despite ban: experts

Actual agriculture exports in FY22 were $47.41 billion, up almost 19% over FY21. This was among the highest ever agriculture exports in value terms by India

Top headlines: Govt approves 5G spectrum auction; May trade deficit widens

Business Standard brings you the top headlines on Wednesday

With ban exceptions, India's wheat export forecast to be 7 MT in 2022/23

Exception to India's wheat export ban are expected to support an export forecast of 7 million tonnes in 2022/23, remaining well above India's export average over the past five years

Crackdown on two Mumbai-based entities trying to export wheat on fake LCs

The commerce ministry has tightened the norms for obtaining registration certificates for wheat exports with a view to curbing fraudulent practices such as submission of improper documents by traders.

India could soon allow wheat exports of 1.2 million tonnes: Report

New Delhi banned wheat exports in a surprise move on May 14, but said it would allow overseas shipments backed by already issued letters of credit and to countries that request supplies