Page 2 - Wheat Stock

No wheat shortage in India, ban imposed to check rampant export: Tomar

There was no shortage of wheat in India, but the Centre has imposed a ban on its export to check "rampant" overseas sales of the grain, Union Agriculture Minister Narendra Singh Tomar

Muted impact of wheat export ban on India's domestic food inflation: Nomura

If India's wheat ban leads to higher price of substitutes like rice, then there could be upward pressure on other food prices

Centre rules out curbing wheat exports despite drop in output, procurement

According to Centre's assessment, closing stock of wheat in FY23 is expected to be about 8 mn tonnes, higher than 7.5 million tonnes buffer requirement

Countries approach India for supply of wheat, sugar during Ukraine conflict

India said on Wednesday that its approach to the Ukraine crisis remains to promote dialogue to end the conflict and mitigate economic distress for itself and for the world

India's wheat exports likely to surge amid Black Sea supply uncertainty

India's wheat exports are likely to surge with a flurry of enquiries from buyers seeking alternatives to Black Sea shipments as Russia Ukraine war threatens to disrupt supplies from 2 major producers

Russia, Ukraine crisis might give India opportunity to export more wheat

The Russia-Ukraine crisis might give India an opportunity to export more wheat in the global markets and domestic exporters should tap this opportunity, sources said on Thursday. India's central pool stood at 24.2 million tonnes, twice more than the buffer and strategic needs, they said. More than a quarter of the world's wheat export comes from Russia and Ukraine. Russia is the world's largest exporter of wheat, accounting for more than 18 per cent of international exports. In 2019, Russia and Ukraine together exported more than a quarter (25.4 per cent) of the world's wheat. Egypt, Turkey and Bangladesh bought more than half of Russia's wheat, they said. Egypt is the world's biggest importer of wheat. It spends more than USD 4 billion annually to feed its population of over 100 million. Russia and Ukraine cover more than 70 per cent of Egypt's imported wheat demand. Turkey is also a big spender on Russian and Ukrainian wheat with 74 per cent of its imports worth USD 1.6 billio

Wheat sowing area touches 27.8 mn hectares, accounts for 90% acreage

The area sown to wheat crop is higher than 25 million hectare covered in the year-ago period

Enough wheat stock to meet demand under NFSA: Govt

The ministry's statement comes amid market reports that the country has harvested lower wheat crop this year