Wheat stocks in India have exceeded buffer stocking norms, causing the price to plumet. This has prompted poultry feed manufacturers to substitute wheat for maize in their produce. The increased stock of wheat is the result of bumper harvests and the government’s refusal to export.
The reason given for not allowing exports, despite the fact that a large portion of the stocks are in the open, in danger of being drenched in pre-monsoon rains and spoiled beyond redemption, is that the government does not know how much of grain would be required to implement the food security law.
However, they are now considering allowing the export of surplus grains. Read more ...
This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers
The reason given for not allowing exports, despite the fact that a large portion of the stocks are in the open, in danger of being drenched in pre-monsoon rains and spoiled beyond redemption, is that the government does not know how much of grain would be required to implement the food security law.
However, they are now considering allowing the export of surplus grains. Read more ...
This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers
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