India bans wheat exports to ensure sufficient domestic food grain supply
13.06.2022 12:26 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Grain: World Markets and Trade (June 2022), the trade year (TY) 2022/23 (July-June) export forecast for India is revised down 2.0 million tons to 6.0 million after the Indian government implemented restrictions on wheat exports effective May 13, 2022. The export ban comes after a heatwave scorched India’s wheat belt this spring, leading to a smaller-than-expected 2022 crop. India is also grappling with rising food prices and low procurement under its minimum support price (MSP) program, further influencing the decision to curb exports to ensure a sufficient supply of wheat for domestic use. India’s export ban removes another source of affordable wheat for many low-income importing countries, adding stress to an already tight global market. Strong global demand has outpaced production, driving world wheat prices to their highest levels in a decade. In 2020/21, India emerged as an important wheat exporter to the Middle East and South Asia. Wheat exports in 2021/22 had been growing significantly, with exports reaching a record 6.8 million tons in the first 9 months of the trade year. Additionally, India’s exports have extended to markets traditionally supplied by Ukraine. India has suggested it may allow some exemptions to the ban on a case-by-case basis for government-to- government sales for food security reasons. It has received requests for more than 1.5 million tons from several countries under the exemption. In addition to the export ban, the government of India is adjusting its domestic food security policies. Due to the tight wheat supply situation, the government has shifted to procuring and distributing more rice and less wheat in its food security programs. As a result, overall wheat consumption in India is forecast to decline, while rice consumption is forecast to rise. Unlike wheat, India rice supplies are plentiful in 2022/23. Rice exports are forecast to remain robust as India remains the dominant global rice exporter. Following multiple seasons of record crops, rice stocks have more than doubled in recent years, leaving ample room for both exports and higher domestic use. Despite increased exports and more distribution for the government’s food security programs, India’s rice stocks are still expected to rise. The ample supply situation suggests that export restrictions on rice are less likely. AGRO PERSPECTIVA offers Agro + «Ukrainian Grain & Oilseed Market» weekly analytical bulletin. Concerning subscription please contact: client@agroperspectiva.com or +380675964652 (WhatsApp, Viber, Telegram).
06.08.2022 |
|
 |
 |
|
 |
15:38 |
FAO Food Price Index registered a steep drop in July |
03.08.2022 |
|
 |
 |
|
 |
15:55 |
BASF enters power agreements for clean energy supply of more than 20 BASF sites across the United States |
 |
13:22 |
FAO to boost soil nutrient mapping in Central America and sub-Saharan Africa $20 million contribution from U.S.A. will catalyze more efficient use of fertilizers |
 |
12:21 |
Europe and Central Asia: Promoting green agriculture to transform local agrifood systems |
 |
11:23 |
Ukraine: Canada contributes USD 40 million to cover 2.4 million tonnes of storage |
29.07.2022 |
|
 |
 |
|
 |
16:55 |
South Africa Fresh Orange Production and Exports Climb Higher |
26.07.2022 |
|
 |
 |
|
 |
11:28 |
BASF transforms market towards certified, sustainably sourced coconut oil |
23.07.2022 |
|
 |
 |
|
 |
02:43 |
Black Sea grain exports deal ‘a beacon of hope’ amid Ukraine war - Guterres |
07.07.2022 |
|
 |
 |
|
 |
12:43 |
Russia illegally exports 150,000-170,000 tonnes of grain from Ukraine per month - Ukrainian Ambassador to Turkey |
28.06.2022 |
|
 |
 |
|
 |
08:35 |
Export prices for milling wheat again fell slightly |
27.06.2022 |
|
 |
 |
|
 |
09:50 |
No concrete agreements on holding talks with participation of Ukraine, Russia, Turkey, UN on grain export – MFA |
20.06.2022 |
|
 |
 |
|
 |
20:32 |
Coca-Cola to cease production and sales in Russia |
14.06.2022 |
|
 |
 |
|
 |
16:27 |
Afghanistan: FAO and the World Bank step up their response to the worsening food security $195 million emergency project aims to provide critical life-saving and livelihood assistance to smallholder farmers |
 |
13:32 |
Ukraine calls on other countries to abandon export restrictions - trade representative |
13.06.2022 |
|
 |
 |
|
 |
12:26 |
India bans wheat exports to ensure sufficient domestic food grain supply |
03.06.2022 |
|
 |
 |
|
 |
10:28 |
Thailand Sugar Production and Exports Continue to Rebound |
02.06.2022 |
|
 |
 |
|
 |
11:11 |
Global rapeseed supplies in 2022/23 are projected to a record 100.5 MMT |
31.05.2022 |
|
 |
 |
|
 |
12:51 |
Global soybean production in 2022/23 is forecast at a record 394.7 MMT |
24.05.2022 |
|
 |
 |
|
 |
09:05 |
Global soybean production in 2022/23 is forecast at a record 394.7 MMT |
17.05.2022 |
|
 |
 |
|
 |
15:00 |
Ukraine rapeseed production is forecast to rise despite the ongoing hostilities |
 |
10:49 |
2021/22 Indonesia Palm Oil Exports Slashed |
16.05.2022 |
|
 |
 |
|
 |
15:45 |
Astarta Completed Spring Planting 2022 |
15.05.2022 |
|
 |
 |
|
 |
16:37 |
2022/23 Grain Consumption Exceeds Production, Stocks Tighten |
11.05.2022 |
|
 |
 |
|
 |
14:31 |
EBRD to play key role in support of Ukraine, President says |
09.05.2022 |
|
 |
 |
|
 |
11:15 |
Vegetable oil and maize prices slightly decrease after recent surge, while rice, meat, dairy and sugar prices slightly increase and global trade prospects dim |
29.04.2022 |
|
 |
 |
|
 |
14:03 |
BASF achieves strong EBIT before special items despite significantly higher energy and raw materials prices |
28.04.2022 |
|
 |
 |
|
 |
17:52 |
EU takes steps to suspend all duties on imports from Ukraine |
 |
16:27 |
BASF to wind down activities in Russia and Belarus except for business that supports food production |
27.04.2022 |
|
 |
 |
|
 |
13:54 |
EBRD enhances trade finance for Ukraine |
 |
09:11 |
Coca-Cola will provide assistance to Ukraine for up to $15 mln |
26.04.2022 |
|
 |
 |
|
 |
20:35 |
Indonesia. Despite the expected increase in production, imports of raw sugar are also forecast to increase |
 |
19:43 |
Australia is expected to produce another big grain crop in MY 2022/23 after a record setting winter crop and strong summer crop production in MY 2021/22 |
21.04.2022 |
|
 |
 |
|
 |
10:15 |
The Ukraine Conflict and Other Factors Contributing to High Commodity Prices and Food Insecurity |
16.04.2022 |
|
 |
 |
|
 |
16:25 |
WFP appeals for access to encircled cities in Ukraine |
12.04.2022 |
|
 |
 |
|
 |
11:35 |
Global cereal trade and utilization in 2021/22 revised down |
 |
10:25 |
FAO Food Price Index posts significant leap in March |
07.04.2022 |
|
 |
 |
|
 |
08:49 |
FAO launches new phase of agriculture policy initiative with $11 million grant from Bill and Melinda Gates Foundation |
29.03.2022 |
|
 |
 |
|
 |
21:32 |
Astarta Starts Spring Planting |
24.03.2022 |
|
 |
 |
|
 |
21:15 |
Pakistan. Wheat production in 2022/23 is forecast at 26.4 MMT |
14.03.2022 |
|
 |
 |
|
 |
13:21 |
CNH Industrial Statement on Ukraine and Russia |
10.03.2022 |
|
 |
 |
|
 |
11:10 |
Market Signals to Sell Soybean Stocks |
 |
09:05 |
2021/22 Grain Trade in Flux Amid Russia-Ukraine Conflict |
07.03.2022 |
|
 |
 |
|
 |
12:40 |
FAO Food Price Index rises to record high in February |
03.03.2022 |
|
 |
 |
|
 |
11:25 |
The Food Front is open: the food of Ukraine will provide citizens with products under any conditions! |
 |
11:21 |
Ukrainian CCI ask all international trade associations to cease cooperation with representatives of russian trade associations |
23.02.2022 |
|
 |
 |
|
 |
14:05 |
Astarta Invests USD14.6m in the Construction of a Modern Sugar Storage Silo |
16.02.2022 |
|
 |
 |
|
 |
13:18 |
Brazil. The drought in the south of the country has dampened prospects for a record crop |
10.02.2022 |
|
 |
 |
|
 |
17:21 |
World Pulses Day leverages the power of youth to transform agrifood systems |
 |
17:17 |
Shrinking South America Soybean Production Constricts Trade and Boosts Prices |
 |
12:10 |
Astarta Builds its First Silo in the Chernihiv Region |
Also available:

|