People work with a wheat sifting machine at a market in Ghaziabad, India. April 11, 2021.
Image Source: 
SOPA Images/Sipa USA/Pradeep Gaur

Cullen S. Hendrix (PIIE)

India’s ban on wheat exports to stabilize prices at home has irked domestic wheat farmers cut off from global markets amid skyrocketing prices. India faces widespread criticism for the move, but the global impact is likely to be modest because many wheat exports will continue under certain exemptions.

The Peterson Institute for International Economics building is open on a limited basis. Employees and visitors must be fully vaccinated, with a booster shot, and verify vaccination records before entering the building by registering with CrowdPass, a HIPAA-compliant web application service.

Photo Credit: 
SOPA Images/Sipa USA/Pradeep Gaur

Highlighted PIIE Topics