Due to reduced use of wheat in India food, the global consumption is reduced by 1 million tons, according to the latest USDA WASDE report.
A third of subsidized food sales doesn't reach the targeted poor because of leakages in the state-administered distribution network.
Even though the worlds population has doubled since 1970, but the global funding towards agricultural research remains unchanged at $40 billion today, according to Rabo Bank.
India's wheat futures are likely to climb Wednesday as demand increases while Indonesia's decision to import more wheat this year might also boost prices, analysts said.



