Read more about India s agriculture exports jump 17.34% to $41.25 billion in FY21 on Business Standard. India is seeing growth in the export of cereals, non-basmati rice, wheat, millets, maize, and other coarse grains.
India 2021-22 wheat exports seen falling 10% on year amid COVID-19 shutdowns: sources
After exporting a record quantity of wheat in 2020-21, India’s overseas sales of the food grain during the current marketing year are seen declining 10% over the year as localized lockdowns are propping up export prices, sources told S&P Global Platts.
India, the second-largest wheat producer, made a comeback as an exporter after several years as global prices climbed with inventories hitting a two-year low in 2020-21.
In the 2020-21 marketing season, India exported 2.1 million mt of wheat against 219,690 mt in the previous year, according to Agricultural and Processed Food Products Export Development Authority. India’s wheat marketing year runs from April through March.