Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
INDIA
India has announced plans to increase wheat exports to 10 million metric tons to fill the shortfall caused by the war in Ukraine.
- Wheat prices recently hit record highs amid wider fears of a global food price crisis. Russia and Ukraine are the world's leading wheat exporters so signals from India may cool booming prices.
- The price hike has made Indian wheat a more credible export product. Sudhanshu Pandey, secretary of food and public distribution said India was on track to export seven million metric tons of wheat for the fiscal year ending March 31, compared with two million metric tons last year.
- He said preparations are in place for at least 10 million metric tons of wheat for the next fiscal year.
Wheat Price USD/BuTrading Economics
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok