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Wheat prices hit 8-month high on festival demand amid tight supply

Rising wheat prices may force India to take this rare measure

The government may opt for a rare measure to cool down rising wheat prices across the country in the wake of a sharp surge in retail inflation in July.

Chicago wheat futures soar 6% as India bans exports

The Indian export ban also comes as harsh weather, including drought in the southern U.S. Plains and parts of France, are reducing production potential in other major exporting countries.

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