India Lifts Wheat Export Ban in Boost to War Hit Global Supply

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world India, one of the world’s biggest wheat producers, has scrapped a years-long ban on exports of the grain, a move that could ease global supplies that are under strain from escalating attacks between Russia and Ukraine. The government has permitted wheat exports with immediate effect, according to notifications Bloomberg Terminal issued on Monday by the Directorate General of Foreign Trade. The change includes the durum variety, as well as flour and other products, and builds on a decision by the government in February to allow limited shipments of the grain.

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