# United States Issues First-Ever WTO Counter Notification Against India’s Market Price Support | USDA Foreign Agricultural Service

> The US filed a counter notification at the WTO Committee on Agriculture accusing India of underreporting its market price support for wheat and rice. Washington says India's support exceeds its allowable limits under WTO rules. It is the first such notification the US has filed against another country's measures.

- Date: 2018-05-09 · published 2018-05-09T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/65001-united-states-issues-first-ever-wto-counter-notification-against-india-s-market
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The dispute could pressure India to change its wheat and rice support policies, which affect export competitiveness. Price impact on world grain markets is uncertain for now.

## 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 | 2020-09-14 | [Rice, Sugar, and Pulses Lead India's Agricultural Exports - Grainmart News](https://feedsoft.ai/events/51087-rice-sugar-and-pulses-lead-india-s-agricultural-exports-grainmart-news.md) | +1.4% | +8.1% |
| WHEAT | 2018-11-11 | [Market looks past midterms to USDA estimates - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/61988-market-looks-past-midterms-to-usda-estimates-agweek-1-source-for-agriculture.md) | -0.2% | +0.8% |
| WHEAT | 2020-08-13 | [Export of Eggs, Potatoes, Onions, Rice, Wheat Flour, Sugar, Dal, Stone Aggregates, River Sand - KC Notifications](https://feedsoft.ai/events/51560-export-of-eggs-potatoes-onions-rice-wheat-flour-sugar-dal-stone-aggregates.md) | +0.7% | +11.5% |
| WHEAT | 2017-04-19 | [India: Reduced quantity restrictions on export of certain agricultural products - Global Trade Alert](https://feedsoft.ai/events/71462-india-reduced-quantity-restrictions-on-export-of-certain-agricultural-products.md) | +1.2% | -0.1% |
| 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 | 2020-09-14 | [Rice, Sugar, and Pulses Lead India's Agricultural Exports - Grainmart News](https://feedsoft.ai/events/51087-rice-sugar-and-pulses-lead-india-s-agricultural-exports-grainmart-news.md) | +2.5% | +2.0% |
| RICE | 2020-08-13 | [Export of Eggs, Potatoes, Onions, Rice, Wheat Flour, Sugar, Dal, Stone Aggregates, River Sand - KC Notifications](https://feedsoft.ai/events/51560-export-of-eggs-potatoes-onions-rice-wheat-flour-sugar-dal-stone-aggregates.md) | +2.2% | +6.8% |

## Sources

- fas.usda.gov: https://www.fas.usda.gov/newsroom/united-states-issues-first-ever-wto-counter-notification-against-india-s-market-price

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