# How cheaper imports trumped Indian wheat; will it affect country’s wheat security; know here - Opinion News | The Financial Express

> An opinion piece says cheaper imports have undercut Indian wheat, and that India will likely remain a long-term wheat importer. Exports fell from 6.8 million tonnes in 2012-13 to 0.4 million tonnes in 2016-17, and the government allows private imports while building official stocks.

- Date: 2017-07-25 · published 2017-07-25T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/69952-how-cheaper-imports-trumped-indian-wheat-will-it-affect-country-s-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Indian demand for imported wheat supports world wheat prices, while lower Indian exports reduce supply to global markets.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-05-19 | [India exports record 20 MT of rice, wheat in FY21 - Economy News \| The Financial Express](https://feedsoft.ai/events/47045-india-exports-record-20-mt-of-rice-wheat-in-fy21-economy-news-the-financial.md) | -2.8% | +2.2% |
| WHEAT | 2022-04-26 | [How wheat exports can imperil domestic food security, in charts \| Mint](https://feedsoft.ai/events/41811-how-wheat-exports-can-imperil-domestic-food-security-in-charts-mint.md) | -1.4% | +1.8% |
| WHEAT | 2021-01-13 | [First rice, now wheat: India rides on global grain trade bandwagon \| India News - The Indian Express](https://feedsoft.ai/events/49098-first-rice-now-wheat-india-rides-on-global-grain-trade-bandwagon-india-news-the.md) | +1.4% | -4.7% |
| WHEAT | 2021-02-04 | [Farm exports defy overall trend in 2020, see 9.8 per cent growth \| India News - The Indian Express](https://feedsoft.ai/events/48585-farm-exports-defy-overall-trend-in-2020-see-9-8-per-cent-growth-india-news-the.md) | -0.2% | +11.9% |
| WHEAT | 2020-10-20 | [U.S. corn, soy futures rise on strong exports; wheat firm on weather woes \| Financial Post](https://feedsoft.ai/events/50664-u-s-corn-soy-futures-rise-on-strong-exports-wheat-firm-on-weather-woes.md) | +0.0% | -4.6% |

## Sources

- prelaunch.financialexpress.com: https://prelaunch.financialexpress.com/opinion/how-cheaper-imports-trumped-indian-wheat-will-it-affect-countrys-wheat-security-know-here/777887/

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