India's calibrated wheat return begins reshaping global flows as record 120-million-tonne harvest coincides with highest US wheat stocks since 2019/20
India's Ministry of Consumer Affairs, Food and Public Distribution approved on 13 February 2026 the export of 2.5 million tonnes of wheat plus 500,000 tonnes of wheat products, ending a near four-year ban imposed in May 2022 (Government of India). Th