Global wheat rally revives India's export prospects as government allows 5 million tonnes of wheat exports after a fouryear ban
With global wheat prices soaring, Indian wheat stands to benefit from new export avenues. India, possessing ample wheat reserves, has set the stage for exports through 2026. Current market dynamics, bolstered by increased freight costs and worries over worldwide crop yields, have triggered a price surge. As a result, Indian wheat prices now align favorably for exports to Bangladesh. Additionally, wholesale wheat prices in Delhi reflect this upward trend.