Both Russia and Ukraine together account for 29% of the global wheat exports. Delegations from Egypt are expected to visit India in the first week of April 2022 to facilitate talks to secure greater quantities of wheat exports from India. With an uptick in Indian wheat prices in world markets, wheat stocks in India are back in focus again. #3 Hindustan UnileverEven though HUL is not a ‘wheat stock’ per se, given its role in the Indian wheat market with Annapurna Farm Fresh Atta brand, it makes sense to at least consider it. Together, India can become the next big player poised to step in to fill in this global wheat void.
Source: Mint April 06, 2022 12:05 UTC