PIXABAY

Apr 13, 2022

Record Wheat Crop Helps India Meet Global Demand

This is the sixth season the country has produced a surplus

Bumper harvests and overflowing grain bins will help India to meet wheat import needs of the world's top buyers asRussia's Ukraine invasion hits suppliesfrom the Black Sea region, a top government official toldReuters.

India, the world's second biggest wheat producer, is prepared to meet any extra demand for wheat from buyers in south Asia and Southeast Asia, and also from countries further afield in Europe, West Asia and North Africa.

India's new season wheat harvest is underway, with this year's production pegged at a record 111.32 million tonnes - making it the sixth season in a row that the country has produced a surplus.

Wheat stocks at government warehouses totalled 19 million tonnes on April 1, significantly higher than a target of 7.46 million tonnes.

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Magazine

Marketwatch: Jun, 15

US Corn Price Idx:ZCPAUS.CM

open: 7.6767
high: 7.7342
low: 7.619
关闭:7.7163

US Soybean Price Idx:ZSPAUS.CM

open: 16.7569
high: 16.8453
low: 16.5263
close: 16.5263

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 11.054
high: 11.127
low: 10.9439
close: 10.968

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 10.0141
high: 10.0716
low: 9.886
close: 9.9274