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

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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." The move to ban overseas shipments was not in perpetuity and could be revised, senior government officials told a press conference. . Before the ban, India had aimed to ship a record 10 million tonnes this year. Global buyers wer...

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