India is making a rare appearance near the ranks of the world’s wheat-trade heavyweights this season.
The country is expected to ship a record 7 million tons in the 2021-22 year, the U.S. Department of Agriculture forecast on Wednesday. That’s more than double the prior season and will rank the nation as the world’s ninth-largest shipper.
“India’s export pace continues to be robust, and its prices are competitive in Asian markets,” USDA said in its monthly world supply and demand report.