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India's wheat planting is expected to remain stagnant despite a rally in prices to near record highs, as lower soil moisture prompts farmers in some areas to switch to less water-intensive crops,... -November 23, 2023 at 02:27 am EST - MarketScreener
Indian farmers are unlikely to boost wheat planting despite prices hitting record highs as they opt for less-water intensive crops. While wheat planting area will reduce eventually, the world's second-biggest wheat producer may then also maintain its export ban or even force it to resort to imports, according to industry officials and scientists.