INDIA FOOD – India bans wheat exports as heatwave damage causes price surge

Spain, UK

India Saturday began curbing wheat exports with an immediate effect to control rising domestic prices amid an unprecedented heatwave that has gripped the country, causing crop losses.

“There is a sudden spike in the global prices of wheat arising out of many factors, as a result of which food security of India, neighboring and vulnerable is at risk,” an Indian commerce ministry order said.

The global supply of wheat had already taken a hit after exports from the Black Sea region dropped due to the Russian invasion of Ukraine in late February. EFE

Products You May Like

Articles You May Like

URUGUAY RIGHTS – Uruguay house-prison used by guerrillas, military regime reopened to public
PREMIER LEAGUE – Premier League approves group seeking to buy Chelsea
ASIA US – Biden: Ukraine war ‘heightens importance’ of free Indo-Pacific
RUSSIA MUSIC – Viktor Tsoi: Iconic Soviet rockstar who was symbol of freedom, change
US ASIA – Biden begins first trip to Asia, with focus on China, North Korea

Deja una respuesta

Tu dirección de correo electrónico no será publicada.