Epic Agri Commodity Update :wheat

Exports of wheat by India, the world's second-largest producer, could reach 3 million tonnes from government stocks in 2013, an official of a state-run trading firm said on Wednesday, adding that the country had sold 1 million tonnes since April. Traders expect wheat shipments from India to rise on a potent combination of dry weather in the United States and drought in the Black Sea region. Initially the government has set a limit of 2 million tonnes for wheat exports, but I think the exports will continue to go much higher, an official of a state-run trading company told reporters at an industry conference in Singapore


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