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Wheat News - Export trade will increase as wheat export prices are the highest since 2014.
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Export trade will increase as wheat export prices are the highest since 2014.

The export parity of wheat is close to Rs1800 recently and if the dollar stays stable then the parity in exports will be good. Export trade is being done at a rate of 255 to 265 dollars per ton.  In November-December, at the port of Gujarat, about five ships, including 1,25 lakh tonnes and other containers have been traded.  In all, more than 1.50 lakh tonnes are estimated to have been exported.  There has been good trade-in wheat for January as well and three ships have traded only around 90 thousand tonnes, due to which such export is expected to be in the recent condition.  The weather is currently unfavorable in the global market.  Planting in Australia has also decreased due to the year of La Nino and the weather is not supporting either.  Lockdown is in force throughout Europe.  Russia is implementing a tax on exports.  In such a situation, the wheat crop is less in the whole world, due to which the export price of wheat is being spoken at the highest level of six years since 2014.