India shakes the confidence of global wheat markets

The Indian ban on wheat exports have Asian buyers scrambling for new sources of wheat.

The absence of Indian wheat in the global grain market has got many Asian buyers worried. Indian grain was going to fill some of the gaps left by wheat from the Black Sea region.

As Indian grain moved out of the picture, Chicago futures rose as much as 5.9% on May 16, the highest in the last two...

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