India Allows Wheat Exports for the First Time in Four Years

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India, the second-biggest grower of wheat, allowed private companies to export the grain for the first time in four years, Food Minister K.V. Thomas said.

A panel of ministers permitted overseas sales of 2 million metric tons of wheat and 2.1 million tons of non-basmati rice, Thomas told reporters after a meeting today. The exports will be halted once the specified amounts are shipped, he said.