India is the largest rice exporter in the world, accounting for 40% of the global rice trade. The majority of Kharif crops are planted in the monsoon season (June and July) and harvested in the months of October and November.

India is the largest sugar producer and sugar exporter in the world. Bumper sugar production helps the Asian nation ship bulk sugar and satiate global demand of the sweetener.

The balance between market demand and supply determine the price of any commodity.

According to European traders, the Taiwan Flour Millers' Association has launched an international tender to buy approximately 56,000 tonnes of grade 1 milling wheat from the United States.