# India Doubles Import Duty On Wheat | Miller Magazine

> India doubled its basic customs duty on wheat imports from 10% to 20%, effective via a notification on November 8. It also imposed a 50% duty on peas to curb cheaper shipments from Canada. The move aims to protect domestic farmers and encourage larger wheat plantings.

- Date: 2017-12-14 · published 2017-12-14T12:00:00.000Z
- Category: trade · region India · magnitude high
- Page: https://feedsoft.ai/events/67454-india-doubles-import-duty-on-wheat-miller-magazine
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A higher Indian import tariff cuts demand for imported wheat, mainly from Australia and Canada, which is bearish for world wheat prices.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-01-25 | [\| Miller Magazine](https://feedsoft.ai/events/60945-miller-magazine.md) | -0.2% | -2.9% |
| WHEAT | 2017-02-23 | [India's wheat imports to slow after March - AgriMoon](https://feedsoft.ai/events/72442-india-s-wheat-imports-to-slow-after-march-agrimoon.md) | -0.2% | -2.4% |
| WHEAT | 2022-01-26 | [India may export record 6.5 million tonnes of wheat this fiscal - The HinduBusinessLine](https://feedsoft.ai/events/43118-india-may-export-record-6-5-million-tonnes-of-wheat-this-fiscal-the.md) | -2.3% | -0.2% |
| WHEAT | 2019-10-10 | [FranceAgriMer Raises Wheat Export Outlook On Trader Optimism \| ESM Magazine](https://feedsoft.ai/events/56511-franceagrimer-raises-wheat-export-outlook-on-trader-optimism-esm-magazine.md) | +4.1% | +1.9% |
| WHEAT | 2021-06-16 | [Black Sea Wheat Exports To Grow 5% In 2021/22 \| ESM Magazine](https://feedsoft.ai/events/46432-black-sea-wheat-exports-to-grow-5-in-2021-22-esm-magazine.md) | -8.0% | -12.7% |

## Sources

- millermagazine.com: https://millermagazine.com/en/blog/india-doubles-import-duty-on-wheat-2559

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