Reuters
India's wheat plantings remained steady despite a rally in price of the staple to a record as farmers in a key producing central state shifted to rapeseed to take advantage of even higher prices for the oilseed, farm ministry data showed on Monday. A lower-than-expected planting area in the world's second biggest wheat producer may cap an expected rise in production, after output fell last year because of a heatwave that forced New Delhi to ban exports amid limited supplies from Black Sea region because of Russia's invasion of Ukraine. A rise in rapeseed output could help the world's biggest edible oil importer reduce overseas purchases of palm oil, soyoil and sunflower oil.