WHEAT

Major Wheat Producing Countries

◦China

◦India

◦USA

◦France

◦Russia

Major wheat Exporting countries◦United States

◦Canada

◦France

◦Australia

◦Russia

◦Germany

◦Ukraine

◦Romania

◦India

◦Kazakhstan

Major wheat Importing countries

◦Indonesia

◦Brazil

◦Japan

◦Algeria

◦Italy

States in India which produce Wheat

◦UP

◦Punjab

◦Madhya Pradesh

◦Haryana

◦Rajasthan

Countries which import from India

◦Bangladesh

◦UAE

◦Indonesia

◦Turkey

◦Sudan

Wheat value chain

input suppliers

farmers

large traders

ITC,Cargill, FCI

large retailers, big bazaar,ITC,spencers

small collectors

local traders

mandi wholesalers and commission agents

medium to large scale millers

wholesalers

retailers

PDS/midday mealSmall scale

millers for home

consumption

Wheat forage

Wheat grain

Wheat straw

wheat

WHEAT

Wheat forage

Livestock/fodder

Wheat grain

Milling Industry

Wheat germ oilWheat

shorts,middlingss Animal feed

Wheat bran

Flour/semolina

brewery beerdistilleryalcohol

Wheat straw Biofuel/livestock bedding

retailers

retailers

retailers

retailers

Outlook Factors

Government Policies• 10% Import duty on wheat import in India• Government’s Stocks are higher as compared to last year(20% higher)• Increase in MSP (Rs. 1450)

Positive

USD/INR Currency Value • Depreciating Indian rupee is making imports costlier. Positive

Companies • Demand of high Protein Miller grade Wheat Positive

Demand • Festive season Positive

Quality Issues • fear of poor quality of wheat stored in govt.’s godowns Positive

Impact of El Nino • The already weak monsoons combined with the possibility of further weakening of monsoons due to warming of Indian ocean caused by El Nino creates fears of impending drought.

Positive

Ethanol • Mixing of 10% of ethanol with petrol Positive