# India: Export ban on wheat to continue, record output likely even after untimely rains: FCI

> India's government said its wheat export ban will continue while domestic supplies are uncertain. FCI said unseasonal rains have not affected output, which is projected at a record 112 million tonnes. It also said procurement has started at minimum support prices.

- Date: 2023-03-30 · published 2023-03-30T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/36813-india-export-ban-on-wheat-to-continue-record-output-likely-even-after-untimely
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A continued Indian export ban keeps a major wheat supplier off world markets, supporting global wheat prices. A record Indian crop would ease that pressure over time.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-11-06 | [India to review export bans on wheat & rice, aims to fill shortfall in Kharif procurement - CNBC TV18](https://feedsoft.ai/events/33135-india-to-review-export-bans-on-wheat-and-rice-aims-to-fill-shortfall-in-kharif.md) | -1.9% | -0.6% |
| WHEAT | 2025-01-07 | [India’s wheat export quota to Nepal draws flak](https://feedsoft.ai/events/26470-india-s-wheat-export-quota-to-nepal-draws-flak.md) | -0.2% | +3.3% |
| WHEAT | 2024-06-24 | [India imposes limits on wheat stocks, may turn to imports if required](https://feedsoft.ai/events/29726-india-imposes-limits-on-wheat-stocks-may-turn-to-imports-if-required.md) | -6.8% | -2.9% |
| WHEAT | 2022-09-16 | [Why low stocks of rice, wheat and sugar shouldn’t push India to curb exports \| The Indian Express](https://feedsoft.ai/events/39563-why-low-stocks-of-rice-wheat-and-sugar-shouldn-t-push-india-to-curb-exports-the.md) | +5.9% | -8.9% |
| WHEAT | 2023-04-08 | [Export curbs: 'Merchanting' may aid traders - Times of India](https://feedsoft.ai/events/36373-export-curbs-merchanting-may-aid-traders-times-of-india.md) | -2.5% | -1.8% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/india-export-ban-on-wheat-to-continue-record-output-likely-even-after-untimely-rains-fci/

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