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Page 15 - Wheat

India wheat output seen at 106.41 mn tonnes, 4.41% less than last estimate

Overall food grains production was estimated to be 314.51 million tonnes, more than the 310.74 million tonnes last year.

India wheat output seen at 106.41 mn tonnes, 4.41% less than last estimate
Updated On : 19 May 2022 | 11:46 PM IST

Govt considers allowing wheat shipments trapped at ports, says report

New Delhi banned wheat exports on Saturday, as an intense heat wave hit output and domestic prices hit a record high

Govt considers allowing wheat shipments trapped at ports, says report
Updated On : 19 May 2022 | 11:06 PM IST

Food grains shouldn't be hoarded like vaccines: India on wheat exports

Open markets must not become an argument to perpetuate inequity and promote discrimination: Minister of State for External Affairs V Muraleedharan

Food grains shouldn't be hoarded like vaccines: India on wheat exports
Updated On : 19 May 2022 | 8:16 AM IST

World's food baskets need a better safety net as India curbs wheat exports

The world had been counting on Indian grain after the war in Ukraine, drought in Argentina and floods in Australia cut production from those countries

World's food baskets need a better safety net as India curbs wheat exports
Updated On : 18 May 2022 | 8:28 AM IST

Wheat consignments examined by customs can be exported: Commerce Dept

Announcement comes days after DGFT banned all wheat exports to bolster falling stocks and manage food security; govt also allows wheat already being loaded at Kandla to head to Egypt

Wheat consignments examined by customs can be exported: Commerce Dept
Updated On : 18 May 2022 | 2:03 AM IST

Wheat export ban marginally positive for India inflation: British Brokerage

The ban on wheat exports is only "marginally positive" for the domestic inflation outlook, a British brokerage said on Tuesday.

Wheat export ban marginally positive for India inflation: British Brokerage
Updated On : 17 May 2022 | 6:52 PM IST

Export ban: 4,000 wheat-laden trucks stranded at Gujarat's Kandla port

From the Deendayal Port in Kutch district, wheat is primarily transported to African countries, Bangladesh, South Korea and Yemen.

Export ban: 4,000 wheat-laden trucks stranded at Gujarat's Kandla port
Updated On : 17 May 2022 | 6:28 PM IST

US hopes India would 'reconsider' its decision to restrict wheat exports

The US hopes India will reconsider its decision to ban wheat exports, with Washington encouraging countries not to restrict exports.

US hopes India would 'reconsider' its decision to restrict wheat exports
Updated On : 17 May 2022 | 11:04 AM IST

India's surprise wheat export ban traps 1.8 mt at ports, says report

Only exports backed by letters of credit (LCs), or payment guarantees, issued before May 13 can proceed before the ban takes effect, India has said

India's surprise wheat export ban traps 1.8 mt at ports, says report
Updated On : 17 May 2022 | 12:58 AM IST

India's export ban fallout: International wheat prices hit record high

The price, which was already high in the wake of Russia's invasion of major wheat exporter Ukraine, jumped to €435 ($453) per tonne as the European market opened

India's export ban fallout: International wheat prices hit record high
Updated On : 17 May 2022 | 12:53 AM IST

Analysis: What India's u-turn on wheat exports means for world markets

India's ban on wheat exports has delivered a fresh blow to world markets already reeling from tight supplies due to output issues in traditional export powerhouses

Analysis: What India's u-turn on wheat exports means for world markets
Updated On : 16 May 2022 | 8:13 PM IST

Global wheat prices soar in risk to inflation as India restricts exports

Benchmark futures in Chicago rose as much as 5.9% to $12.475 a bushel, the highest in two months and within about $1 of the all-time high set just after Russia's invasion

Global wheat prices soar in risk to inflation as India restricts exports
Updated On : 16 May 2022 | 4:58 PM IST

SAD leader Sukhbir Badal, farmers' union slam Centre for wheat ban export

Farmers' unions in Punjab on Monday dubbed the Centre's decision of banning wheat exports as an "anti-farmer" move, saying that the Union government is not letting them reap the gains

SAD leader Sukhbir Badal, farmers' union slam Centre for wheat ban export
Updated On : 16 May 2022 | 4:57 PM IST
Best of BS Opinion: Damaging India's credibility, cost pressure, and more
Updated On : 16 May 2022 | 6:30 AM IST

Damaging India's credibility

Wheat export ban should have been avoided

Damaging India's credibility
Updated On : 16 May 2022 | 2:46 AM IST

Wheat prices soften after export ban, but high demand may limit downside

Traders say market is still biased towards demand; while this could come as some relief to the farmers, a major price spike in the months ahead seems unlikely

Wheat prices soften after export ban, but high demand may limit downside
Updated On : 16 May 2022 | 1:15 AM IST

Wheat procurement deadline extended after export ban; quality norms eased

Till May 14, some 18 million tonnes of wheat have been bought for Central pool; that's 51% lower than the procurement during the same period last year

Wheat procurement deadline extended after export ban; quality norms eased
Updated On : 16 May 2022 | 1:12 AM IST

India restricting wheat exports could make world's food problems worse

India's decision to halt wheat exports came as a record-breaking heat wave parched the crop during a crucial period, spurring estimates of slumping yields.

India restricting wheat exports could make world's food problems worse
Updated On : 15 May 2022 | 3:25 PM IST

Egypt in talks with India on wheat export ban exemption: Official

India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high

Egypt in talks with India on wheat export ban exemption: Official
Updated On : 14 May 2022 | 10:15 PM IST

Wheat export ban to reign in inflation, no threat to food security: Govt

Hours after it imposed a ban on wheat export, the government on Saturday said it has adequate food stocks, there is no threat to food security

Wheat export ban to reign in inflation, no threat to food security: Govt
Updated On : 14 May 2022 | 9:43 PM IST