Govt aims to earn $600 mn by exporting 2 mn tonne wheat: FCI

Government allowed the FCI to export 2 million tonnes of wheat as part of its efforts to cut down huge stocks at its warehouses.

CCEA okays additional 2 MT wheat exports from FCI godowns

The Cabinet Committee on Economic Affairs (CCEA) approved the food ministry's proposal to export additional 2 million tonnes of wheat, sources said after the meeting.

Wheat exports feasible as global prices firming up: FCI

Amid demands from traders to cut floor price of government wheat for exports, Food Corporation of India (FCI) Sunday said global price of the grain is firming up and it is still feasible to undertake shipments.

India likely to export 7.5 million tonnes of wheat: FAO

India's wheat exports are likely to touch a record high of 7.5 million tonnes in the current marketing year ending June 2013 on account of record crop and larger carry over stocks, while many other exporting nations are expected to face tight supplies, an FAO report said.

Nearly 26 lakh tonnes of wheat exported so far from govt stock

State-owned trading companies MMTC, STC and PEC have so far exported 25.58 lakh tonnes of wheat from the government godowns out of 45 lakh tonnes allowed by the Centre, Food Minister K V Thomas said Monday.

CCEA likely to consider add'l 5 MT wheat export tomorrow: Pawar

"The proposal on wheat export is on the agenda of tomorrow's CCEA meeting. Let's see what will happen," Pawar told reporters on the sidelines of 'Krishi Vighyan Mela'.

India exports over 4 mn tonnes of wheat so far in FY'13

A total of 16,386 tonnes of foodgrains was non-issuable /damaged in the last three years in FCI, he said responding to a separate query.

'India's wheat exports may touch record 5 million tonne mark'

India's wheat exports are pegged to touch a record level of 5 million tonnes in the 2012-13 marketing season on the back of all time high harvest and large carryover stocks, United Nation's body FAO said.

There is no quality concern about Indian wheat: Food Secy

Amid reports that Iran has some quality problem in importing wheat from India, the government Wednesday said there is no concern over the quality of Indian wheat and the country is exporting the grain at a good price.

Govt likely to permit export of addl 1.5 mln tons of FCI wheat

The government is likely to allow export of an additional 1.5 million tonnes of wheat from its godowns in order to clear surplus stocks.

India in talks with Iran over wheat exports: FCI

India is negotiating with Iran for exporting two lakh tonnes of wheat in December and 10 lakh tonnes annually for the next three years, Food Corporation of India said Tuesday.

Govt panel okays wheat export of 70,000 tonnes from FCI stock

An empowered committee has cleared export of 70,000 tonnes of wheat from the government stock, for which bids were invited by state-run trading firms STC and PEC.

Govt clears 2 million tonnes of wheat export to ease storage crunch

The government on Wednesday said it has approved the exports of two million tonnes of wheat from the buffer stock to manage over-flowing stock and create storage space for new crops.

CCEA could discuss 2mn tonne wheat export proposal this week

Food Minister K V Thomas Monday said the proposal to export two million tonnes of wheat from the central pool could be discussed in the forthcoming CCEA meeting.

Govt favours suggestion to export 2 million ton wheat

The food ministry has supported the suggestion of Rangarajan panel to allow export of 2 million tons of wheat from government stocks immediately to ease pressure on storages, the Rajya Sabha was informed Monday.

'Wheat export will check further fall in domestic prices'

Flour millers Friday hailed the government's decision to lift a four year-old ban on wheat exports, saying this would not only prevent a further decline in domestic retail prices, but would also enable the export of high protein varieties to the Middle East.

Govt lifts ban on wheat exports, prohibits onion exports

The government Thursday decided to lift four year-old ban on wheat exports but prohibited onion exports to control its rising prices.

EGoM to meet tomorrow to discuss wheat, rice exports

Empowered Group of Ministers (EGoM) on Food is scheduled to meet on Thursday to discuss allowing exports of wheat and non-basmati rice, Commerce and Industry Minister Anand Sharma said Wednesday.

Government lifts ban on wheat exports

The government has decided to lift the over four-year-old ban on wheat exports, even as shipment of the grain is not viable at current global prices.

India misses the bus with wheat export decision

India's plan to sell wheat after a four-year ban will find few takers as resumption of Russian exports is likely to flood the market with cheaper grain, already a nightmare for top suppliers the United States and Australia.