# Ban on wheat exports, curbs on rice shipments to stay

> India's government has decided to keep its ban on wheat exports and its curbs on broken rice shipments in place this year to protect domestic consumers. The 20% export tax on white rice imposed in September 2022 is also likely to remain through the fiscal year.

- Date: 2023-05-24 · published 2023-05-24T12:00:00.000Z
- Category: policy · region India · magnitude high
- Page: https://feedsoft.ai/events/35894-ban-on-wheat-exports-curbs-on-rice-shipments-to-stay
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Continued export restrictions on wheat and rice remove significant supply from world markets, supporting prices for grains used in feed and keeping global cereal prices firm.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-02-12 | [India likely to continue curbs on wheat, rice exports \| India News](https://feedsoft.ai/events/37311-india-likely-to-continue-curbs-on-wheat-rice-exports-india-news.md) | -3.2% | -9.2% |
| WHEAT | 2023-12-08 | [Ban on onion exports, curbs on wheat stocks as govt. battles rising food prices \| Mint](https://feedsoft.ai/events/32650-ban-on-onion-exports-curbs-on-wheat-stocks-as-govt-battles-rising-food-prices.md) | -4.0% | +1.2% |
| WHEAT | 2023-02-12 | [Centre may continue curbs on wheat export \| Today News](https://feedsoft.ai/events/37313-centre-may-continue-curbs-on-wheat-export-today-news.md) | -3.2% | -9.2% |
| WHEAT | 2023-01-20 | [Export ban on wheat & broken rice to continue, says government official - CNBC TV18](https://feedsoft.ai/events/37757-export-ban-on-wheat-and-broken-rice-to-continue-says-government-official-cnbc.md) | -2.9% | +0.1% |
| WHEAT | 2022-09-22 | [India defends its decision to ban rice, wheat exports at WTO - The Hindu](https://feedsoft.ai/events/39558-india-defends-its-decision-to-ban-rice-wheat-exports-at-wto-the-hindu.md) | -0.2% | -10.7% |
| RICE | 2023-02-12 | [India likely to continue curbs on wheat, rice exports \| India News](https://feedsoft.ai/events/37311-india-likely-to-continue-curbs-on-wheat-rice-exports-india-news.md) | -3.2% | -9.6% |
| RICE | 2023-07-20 | [India bans rice shipments to curb price rises - BBC News](https://feedsoft.ai/events/35007-india-bans-rice-shipments-to-curb-price-rises-bbc-news.md) | +1.3% | -0.6% |
| RICE | 2023-01-20 | [Export ban on wheat & broken rice to continue, says government official - CNBC TV18](https://feedsoft.ai/events/37757-export-ban-on-wheat-and-broken-rice-to-continue-says-government-official-cnbc.md) | +2.2% | -2.0% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/ban-on-wheat-exports-curbs-on-rice-shipments-to-stay/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.