What prompted India's decision to suspend exports?

Wheat prices hit record high after Indian export ban

Wheat prices hit record high after Indian export ban

Recently, international wheat prices surged following India’s restriction on exporting the grain. As soon as the European market opened, the price surged to $453 a tonne. Chicago wheat futures had already reached their daily trading limit, and Paris prices were nearing all-time highs, making the Chicago market the global standard for wheat futures. In this … Read more