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Reuters
Reuters
Business
Rajendra Jadhav, Mayank Bhardwaj and Nigam Prusty

India bans wheat exports as heat wave hurts crop, domestic prices soar

FILE PHOTO: A combine deposits harvested wheat in a tractor trolley at a field on the outskirts of Ahmedabad, India, March 16, 2022. REUTERS/Amit Dave

India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high.

The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies "to meet their food security needs".

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