India exports wheat worth Rs 2,590 cr

Government has exported 1.5 million tonnes wheat for an estimated Rs 2,590 crore out of 2 MT stocks allowed for overseas shipments from surplus stocks of Food Corporation of India (FCI).

'Indian wheat may get high price of $290/tn on Ukraine crisis'

The price of Indian wheat has risen by USD 15 in the last three weeks.

India's wheat, rice & corn exports may fall 29% in 2014-15

India's exports of wheat, rice and corn are expected to drop sharply by 29 percent to 13.5 million tonnes in the 2014-15 marketing year due to sluggish global prices, according to a USDA report.

FCI expects to earn Rs 3,400 cr from wheat exports

State-owned Food Corporation of India (FCI) is expecting to earn more than Rs 3,400 crore from wheat exports in the current fiscal.

'Govt can get Rs 25K cr by export of 17MT wheat lying in open'

The government could garner over Rs 25,000 crore by just exporting 17 million tonnes of wheat that are lying in open storage facilities of FCI, an Assocham study said.

Govt may reduce export price of FCI wheat: Thomas

Amid poor response from private traders for wheat export bids, Food Minister K V Thomas on Tuesday said the government may consider reducing the benchmark price of the grain to make exports viable and clear surplus stocks.

Govt okays export of 5 million tonne FCI wheat via private traders

The total wheat export permitted from FCI godowns now stands at 9.5 million tonne for this fiscal.

CCEA refers FoodMin's 5 MT wheat export proposal to GoM

The meeting of the GoM, headed by Pawar, is scheduled in the evening at 1700 hours in Parliament, sources added.

CCEA nod likely for additional 5 mn tonne wheat export

The proposal is also to permit recognised private traders to export the government-held wheat stocks along with state- run trading agencies such as MMTC, STC, PEC Ltd.

Govt mulls allowing private traders in export of FCI wheat

The government on Friday said it is working on a proposal to allow private traders in additional wheat export from the central stocks as part of its efforts to create space for the new crop.

Export 10 million tonnes wheat from FCI stocks in FY'14: CACP to govt

For the 2012-13 fiscal, the government has allowed 4.5 million tonnes of wheat export from the central stocks. Of this, 1.35 million tonnes has been shipped so far.

Govt hikes wheat MSP by Rs 65 to Rs 1,350 per quintal

The minimum support price of wheat has been increased by Rs 65 per quintal to Rs 1,350 per quintal, Finance Minister P Chidambaram told reporters here after the meeting.

MMTC invites bids for export of 1 lakh tonne wheat

State trading firm MMTC has invited a global tender for export of 100,000 tonne of wheat stored in the government godowns.

No need to ban rice, wheat exports due to poor rains: Govt

The government on Saturday said there is no need to ban exports of rice and wheat because of poor rains as the country has sufficient stock.

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

The government on Tuesday approved export of two million tonnes of wheat from its buffer stock in order to clear storage space for new crops.

India may remove caps on wheat product exports: Officials

The Indian government is considering the removal of controls on wheat product exports, as frequent policy changes in the past have scared away buyers, two senior government officials said Tuesday.