# India says ban on wheat exports is to check unregulated trade | Reuters

> Reuters reports that India banned wheat exports, with exceptions for shipments backed by existing letters of credit and for countries requesting supplies for food security. The article notes no dramatic fall in wheat production.

- Date: 2022-05-14 · published 2022-05-14T12:00:00.000Z
- Category: policy · region India · magnitude high
- Page: https://feedsoft.ai/events/41368-india-says-ban-on-wheat-exports-is-to-check-unregulated-trade-reuters
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

The ban removes a large exporter from world wheat supply, supporting global wheat prices.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-07-07 | [India restricts wheat flour exports \| Reuters](https://feedsoft.ai/events/40457-india-restricts-wheat-flour-exports-reuters.md) | -5.1% | -4.3% |
| WHEAT | 2022-08-26 | [India restricts wheat flour exports to bring down record prices \| Reuters](https://feedsoft.ai/events/39987-india-restricts-wheat-flour-exports-to-bring-down-record-prices-reuters.md) | +0.4% | +5.3% |
| WHEAT | 2022-05-16 | [India bans wheat exports as heat wave hurts crop, domestic prices soar \| Reuters](https://feedsoft.ai/events/41364-india-bans-wheat-exports-as-heat-wave-hurts-crop-domestic-prices-soar-reuters.md) | +4.0% | -0.3% |
| 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 | 2022-09-22 | [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% |
| KWHEAT | 2022-05-16 | [India bans wheat exports as heat wave hurts crop, domestic prices soar \| Reuters](https://feedsoft.ai/events/41364-india-bans-wheat-exports-as-heat-wave-hurts-crop-domestic-prices-soar-reuters.md) | 0.0% | -7.3% |
| KWHEAT | 2022-05-25 | [EXCLUSIVE India has no immediate plan to lift wheat export ban, commerce minister says](https://feedsoft.ai/events/41365-exclusive-india-has-no-immediate-plan-to-lift-wheat-export-ban-commerce.md) | -8.8% | -18.8% |
| KWHEAT | 2025-06-11 | [India tells WTO it won’t lift wheat export ban \| Today News](https://feedsoft.ai/events/24151-india-tells-wto-it-won-t-lift-wheat-export-ban-today-news.md) | +3.9% | -2.5% |

## Sources

- reuters.com: https://www.reuters.com/world/india/india-says-ban-wheat-exports-is-check-unregulated-trade-2022-05-14/

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