India has urged both global and domestic trade houses to refrain from purchasing new-season wheat from local farmers in order to support the government-backed Food Corporation of India (FCI) in procuring large quantities to replenish its diminishing reserves, according to sources. The country, a major consumer and producer of wheat, banned exports in 2022 and seeks to bolster stocks and stabilize prices following adverse weather conditions affecting output in 2022 and 2023. Read The Rest at :
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