# India likely to continue curbs on wheat, rice exports | India News

> India may extend its wheat export ban beyond March and keep curbs on non-premium rice exports, according to two people familiar with the matter. Government cereal stocks are at a five-year low, and an inter-ministerial decision is due in March.

- Date: 2023-02-12 · published 2023-02-12T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/37311-india-likely-to-continue-curbs-on-wheat-rice-exports-india-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A continued ban removes a major exporter from world wheat and rice markets, which supports international prices. Low domestic stocks also point to continued government procurement rather than sales abroad.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-05-24 | [Ban on wheat exports, curbs on rice shipments to stay](https://feedsoft.ai/events/35894-ban-on-wheat-exports-curbs-on-rice-shipments-to-stay.md) | -2.4% | -2.7% |
| WHEAT | 2022-07-07 | [India curbs export of wheat products from July 12 \| India News](https://feedsoft.ai/events/40461-india-curbs-export-of-wheat-products-from-july-12-india-news.md) | -5.1% | -4.3% |
| WHEAT | 2022-05-26 | [Sugar exports: India's curbs on wheat and sugar exports spark concern that rice may be next - The Economic Times](https://feedsoft.ai/events/41367-sugar-exports-india-s-curbs-on-wheat-and-sugar-exports-spark-concern-that-rice.md) | -1.9% | -2.9% |
| WHEAT | 2024-05-01 | [India unlikely to lift ban on export of food items \| India News](https://feedsoft.ai/events/30200-india-unlikely-to-lift-ban-on-export-of-food-items-india-news.md) | +2.2% | +15.0% |
| RICE | 2023-05-24 | [Ban on wheat exports, curbs on rice shipments to stay](https://feedsoft.ai/events/35894-ban-on-wheat-exports-curbs-on-rice-shipments-to-stay.md) | +3.6% | +5.5% |
| RICE | 2022-05-26 | [Sugar exports: India's curbs on wheat and sugar exports spark concern that rice may be next - The Economic Times](https://feedsoft.ai/events/41367-sugar-exports-india-s-curbs-on-wheat-and-sugar-exports-spark-concern-that-rice.md) | -0.6% | -6.0% |
| RICE | 2022-08-26 | [India considers curbs on exports of 100% broken rice \| Reuters](https://feedsoft.ai/events/39983-india-considers-curbs-on-exports-of-100-broken-rice-reuters.md) | +1.3% | +1.3% |

## Sources

- hindustantimes.com: https://www.hindustantimes.com/india-news/india-likely-to-continue-curbs-on-wheat-rice-exports-101676225322553.html

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