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Amid high demand, India bans wheat exports after heatwave hurt crops

Photo: CNN Indian wheat exports have been banned by authorities after prices for the crop skyrocketed due to a heatwave that greatly impacted production. The news was announced late evening on Friday, amid increasing wheat demand in the global market. Millions of tonnes worth of India’s wheat exports go to other countries every year. The country is a major player in global wheat trade, with buyers depending on their shipments every year. India is considered the second largest exporter of wheat in the global market.