India bans exports of wheat, citing threat to food security

Summary by Ground News
World's second-biggest wheat producer tries to calm local prices. Shipments of wheat are allowed for letters of credit that have already been issued. Global buyers were banking on India for wheat supplies after exports from the Black Sea region plunged since Russia invaded Ukraine in late February.
India bans exports of wheat, citing threat to food security
9 days ago·New Delhi, India

News Articles

Times of India

India bans wheat exports on food security concerns

Wheat traders and exporters said move will help stabilise wheat prices. "There are traders and farmers who are holding onto their wheat stock and waiting for prices to go higher. This is to encourage them to release their stocks," Siraj Chaudhry, MD & CEO, National Commodities Management Service Limited, a post-harvest service provider.

9 days ago·Mumbai, India
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BBC News

Ukraine war: Global wheat prices jump after India export ban

World wheat prices have soared this year, pushing up the cost of everything from bread to noodles.

7 days ago·United Kingdom
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The Guardian

India bans all wheat exports over food security risk

Move imposed with immediate effect in attempt to control prices after heatwave damages crops

9 days ago·London, United Kingdom
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Reuters

India prohibits wheat exports with immediate effect

MUMBAI - India has prohibited wheat exports with immediate effect, the government said in a notification late on Friday, as the world's second-biggest wheat producer tries to calm local prices. Shipments of wheat are allowed for letters of credit that have already been issued, the government said. Global buyers were banking on India for wheat supplies after exports from the Black Sea

9 days ago·United Kingdom
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News18 India

India Bans Wheat Export With Immediate Effect to Manage Rising Inflation; Know More

India Bans Wheat Export With Immediate Effect as Global Prices Soar; Know More; The government said that the food security of India, neighbouring and other vulnerable countries was at risk due to the sudden spike in wheat prices

9 days ago·India
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CTV News

India bans exports of wheat, citing threat to food security

India has banned exports of wheat effective immediately, citing a risk to its food security, partly due to the war in Ukraine.

9 days ago·Toronto, Canada
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