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Indian Grain Exports Benefiting From Rise in Wheat Prices

A rise in global wheat prices over the last year has been caused by increasing export restrictions among major suppliers and strong foreign demand, the U.S. Department of Agriculture Foreign Agricultural Service said in an Aug. 5 report. The report…

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mostly focused on Indian grain exports, saying the country is expected to see record rice and wheat exports for 2020-2021 and said the country has “re-emerged as an exporter due to significant production and trade disruptions for other major exporters.” The agency said Indian grain exports are “likely to remain high for the foreseeable future.”