Turkey orders Indian wheat for the first time

The Agricultural and Processed Food Products Export Development Authority (APEDA), under the government of India sent a delegation to Turkey to speed up the process.

Turkey orders Indian wheat for the first time
Photo by wilsan u / Unsplash
Photo by Raphael Rychetsky / Unsplash

Turkey has placed orders for 50,000 tonnes of wheat imports from India joining Egypt for the first time. While this may benefit Indian farmers, it may also drive-up wheat prices in the country, which have already risen by as much as 15 percent in recent weeks.

Wheat prices shot up because Indian wheat is in high demand on global markets after exports from Ukraine were halted owing to the Russia-Ukraine conflict. Ukraine produces around a fifth of all high-quality wheat and 7 percent of all wheat worldwide.