The Indian ban is notable because the country previously said it was counting on record wheat exports. The world market could have put the Indian grain to good use this year, because export from Ukraine is hardly possible due to the war. The United States and France are also struggling with weather conditions that make it difficult to grow the important cereal.
Worries about wheat are driving up the prices of bread, among other things. The largest bakery group in our country, La Lorraine Bakery Group, also expects a strong price increase here. Poorer countries and people in Africa and Asia are particularly hard hit by higher food prices.