Wheat Production

The crisis is directly related to India's deteriorating relationship with China and is exacerbated by the ongoing Russo-Ukrainian war

The government data highlighted that India's expected production of wheat for 2022-23 remains at near 105 million metric tonnes (MMT)

On paper, the upcoming Davos meeting would be perfectly suited for resolving these conflicts. History, however, does not provide much encouragement or optimism

Farmers have been holding on to their produce as the price of wheat in the open market recouped some of the losses it suffered in the aftermath of the ban

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

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

India said it would still allow exports backed by letters of credit that were already issued, and sales to countries that request supplies "to meet their food security needs"

Egypt's government has agreed to buy half a million tonnes of wheat from India, Egyptian Supply Minister Aly Moselhy said on Sunday.

Trade sources said the decision to ban all sorts of wheat exports with immediate effect will immediately cool down the market prices of wheat and bring it closer to the MSP of Rs 2,015 per quintal

Exporters' mandatory registration on cards; PMO to decide on export ban

If the Chinese harvest is bad in the coming weeks, it could drive food prices up further, compounding hunger and poverty in the world's poorest countries

Here are the top Business Standard headlines on Friday

India is the only major supplier of wheat at this time of year, and its exports of the grain have surged since Russia invaded Ukraine in late February

India is the only major supplier of wheat at this time of year, and its exports of the grain have surged since Russia invaded Ukraine in late February

India has a wheat stockpile estimated at about 100 million tonnes, which exceeds the requirements for a safety net

India's chances of becoming a stable supplier of wheat are limited in the absence of a long-term policy on foodgrain exports

The lowering of estimates has been attributed to "early summer"

The situation is not at all alarming on the procurement front, says expert in interview.

The move may violate 2013, 2015 vows and can risk drawdown in wheat inventory

Following are selected highlights from a report issued by the U.S. Department of Agriculture's Foreign Agricultural Service (FAS) post in New Delhi: