NEW DELHI, INDIA — The Indian government on May 4 revised its wheat production forecast lower to 105 million tonnes for the 2022-23 marketing year as a heatwave damaged the crop during crucial final stages of maturation.
Earlier this year, India projected a record crop of 111 million tonnes, which would have been the seventh straight year of record output.
With the smaller crop expected, the government said it is considering restricting wheat exports. Such a move would likely boost already high ...
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