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India's 2021-22 wheat output seen rising on higher yields | Hellenic Shipping News Worldwide

India’s wheat harvest is expected to rise to 110 million mt in the crop year 2021-22 (July-June), from 108 million mt a year ago, as higher yields offset a drop in the planting area during the current crop season, according to a S&P Global Platts survey of 11 analysts and traders. “Although there is a . ....

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India 2021-22 wheat exports seen falling 10% on year amid COVID-19 shutdowns: sources


India 2021-22 wheat exports seen falling 10% on year amid COVID-19 shutdowns: sources
After exporting a record quantity of wheat in 2020-21, India’s overseas sales of the food grain during the current marketing year are seen declining 10% over the year as localized lockdowns are propping up export prices, sources told S&P Global Platts.
India, the second-largest wheat producer, made a comeback as an exporter after several years as global prices climbed with inventories hitting a two-year low in 2020-21.
In the 2020-21 marketing season, India exported 2.1 million mt of wheat against 219,690 mt in the previous year, according to Agricultural and Processed Food Products Export Development Authority. India’s wheat marketing year runs from April through March. ....

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India set to export rice to the Philippines after reduction of import duty to 35%


India set to export rice to the Philippines after reduction of import duty to 35%
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Synopsis
In 2020-21, India’s rice exports almost doubled to an all-time high of 17.7 metric tonnes from 9.5 metric tonne in the previous financial year. There was an almost 4% increase in basmati exports to 4.45 metric tonnes and a 160% surge in non-basmati rice exports to 13.09 metric tonnes, according to data with Agricultural and Processed Food Products Export Development Authority.
Agencies
The annual rice import in the Philippines is estimated to be about 2.5 million tonnes
India’s rice exporters are gearing up to ship the grain to the Philippines from next month as the Southeast Asian nation has reduced the import duty on rice being shipped from India to 35% from 50%. Philippines is the second-largest importer of the commodity in the world. ....

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