sharon sanders
Editor-in-Chief & President
Global food inflation to worsen further as India weighs wheat export curbs
May 5, 2022
India’s food ministry on Wednesday slashed its estimate for wheat output this season to 105 million tons.
Wheat gained the most in more than three weeks as India considers restricting shipments of the crucial grain, a move that would further pressure supplies at a time when the world is increasingly nervous about an unfolding food crisis.
Senior Indian officials plan to recommend the export limits to Prime Minister Narendra Modi, who will then make the decision, according to a person with knowledge of the matter, who asked not to be identified as the information is private. Indian Food Secretary Sudhanshu Pandey said at a briefing that there’s no need to curb exports for now as the country has enough supply to meet domestic demand.
Read more at:
https://economictimes.indiatimes.com...campaign=cppst
May 5, 2022
India’s food ministry on Wednesday slashed its estimate for wheat output this season to 105 million tons.
Wheat gained the most in more than three weeks as India considers restricting shipments of the crucial grain, a move that would further pressure supplies at a time when the world is increasingly nervous about an unfolding food crisis.
Senior Indian officials plan to recommend the export limits to Prime Minister Narendra Modi, who will then make the decision, according to a person with knowledge of the matter, who asked not to be identified as the information is private. Indian Food Secretary Sudhanshu Pandey said at a briefing that there’s no need to curb exports for now as the country has enough supply to meet domestic demand.
Read more at:
https://economictimes.indiatimes.com...campaign=cppst