Wheat Price Changes News Today

Inder Majumdar and Joe Janzen - Joe Janzen - India is an agricultural powerhouse. The country is the world’s single largest producer and consumer of milk and pulses. It is the second largest producer of rice, wheat, sugarcane, and cotton (FAO 2022). In an effort to encourage substantial domestic production, the Indian government provides annual price guidelines for a set of 23 commodities called the Minimum Support Price (MSP). The MSP is intended to provide a price floor that supports farmers...