New alert on the world wheat market. After the outbreak of the invasion of Ukraine by Russia, two countries which represent “nearly a third of world production”, the world counted a lot on India. “This is no longer the case”, regret it Washington Post.
New Delhi, the world’s second largest producer of wheat, announced on Friday May 13 a ban on exports of this cereal. A decision made because of “threats to food security” from the Indian subcontinent, observed The Hindu.
According to the Indian daily, the decision taken by the government of Narendra Modi is aimed at protecting national needs and prioritizing “to neighbors in South Asia to deal with soaring world wheat prices”. In 2021-2022, of the 7 million tonnes of wheat produced in India, nearly 50% had been exported to Bangladesh, recalls T