# Spotlight on India’s Trade-Distorting Domestic Wheat and Rice Support

> US lawmakers have asked USTR and USDA to pursue a WTO case against India's domestic wheat and rice support, which they say covers about half of production costs versus a 10% limit. The letters say India's subsidized stocks are exported below cost, with USDA projecting 5 MMT of Indian wheat exports for the year ending June 2022.

- Date: 2022-01-19 · published 2022-01-19T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/43115-spotlight-on-india-s-trade-distorting-domestic-wheat-and-rice-support
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A possible WTO challenge targets India's subsidized exports that undercut world wheat and rice prices, so a case could eventually tighten Indian supply and support prices for competing exporters.

## Read by commodity

- RICE: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-01-08 | [India's agricultural exports to rise despite curbs on wheat, rice, sugar - minister](https://feedsoft.ai/events/32106-india-s-agricultural-exports-to-rise-despite-curbs-on-wheat-rice-sugar-minister.md) | -2.5% | -2.2% |
| WHEAT | 2022-11-15 | [Importance of agri exports — and what Govt can do to boost India’s farm trade surplus](https://feedsoft.ai/events/38632-importance-of-agri-exports-and-what-govt-can-do-to-boost-india-s-farm-trade.md) | +1.1% | -1.2% |
| WHEAT | 2018-05-10 | [US challenges India’s wheat, rice subsidies](https://feedsoft.ai/events/65005-us-challenges-india-s-wheat-rice-subsidies.md) | -1.0% | +2.7% |
| WHEAT | 2021-05-16 | [Explained: How rice and wheat exports hit a record high \| Explained News - The Indian Express](https://feedsoft.ai/events/47049-explained-how-rice-and-wheat-exports-hit-a-record-high-explained-news-the.md) | -1.3% | -4.1% |
| WHEAT | 2022-03-21 | [Russia exports more wheat via Black Sea, domestic grain prices rise](https://feedsoft.ai/events/6244-russia-exports-more-wheat-via-black-sea-domestic-grain-prices-rise.md) | +15.8% | +5.9% |
| RICE | 2024-09-18 | [Six WTO nations quiz India's export curbs on rice, wheat - The Economic Times](https://feedsoft.ai/events/28271-six-wto-nations-quiz-india-s-export-curbs-on-rice-wheat-the-economic-times.md) | -0.6% | -2.0% |
| RICE | 2024-01-08 | [India's agricultural exports to rise despite curbs on wheat, rice, sugar - minister](https://feedsoft.ai/events/32106-india-s-agricultural-exports-to-rise-despite-curbs-on-wheat-rice-sugar-minister.md) | -0.1% | +6.1% |
| RICE | 2022-11-15 | [Importance of agri exports — and what Govt can do to boost India’s farm trade surplus](https://feedsoft.ai/events/38632-importance-of-agri-exports-and-what-govt-can-do-to-boost-india-s-farm-trade.md) | +1.0% | -4.9% |

## Sources

- uswheat.org: https://uswheat.org/wheatletter/congress-shines-spotlight-on-indias-trade-distorting-domestic-wheat-and-rice-support/

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