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India’s ban on wheat exports leaves Portugal in quandary

ACIP, the Portuguese association of bread and pastry makers, and CAP, the Confederation of Portuguese Farmers, are concerned over the impact of India’s ban on wheat exports. The decision has meant that wheat prices have now hit ‘record levels’ in Europe, with a tonne costing €438.25. India’s move has been prompted by internal wheat shortages due to scorching temperatures. The war in Ukraine has already affected wheat prices, thus ACIP and CAP are warning ‘alternative solutions have to be found’ … and fast.