<Anchor>
India, the world's third-largest wheat producer, abruptly declared a halt to wheat exports to secure its own food.
Bread and Kalguksu, prices are booming.
This is reporter Jo Yoon-ha.
<Reporter> The
flour counter at the supermarket was empty.
During the weekend, customers flocked to buy everything.
India, the world's third-largest wheat producer, announced a halt to wheat exports, apparently affecting consumer sentiment.
Consumers are worried that the prices of noodles, flour and ramen jumped 10-20% from a year ago due to the Ukraine crisis, but they are worried that it will rise again in the future.
[Kim Eun-ji / Gangseo-gu, Seoul: I eat a lot of bread in the morning, and I also eat a lot of ramen as a late-night snack, so it seems burdensome.
Find and buy discounted items.
I'm feeling a little burdened.] In
India, wheat production is declining due to a record heat wave, but exports increased due to an increase in international wheat prices.
The government said there would be no disruption to domestic wheat supply for the time being.
Korea hardly imports wheat from India, and domestic wheat stocks are still available until early August.
However, there are many expectations that the international wheat price itself will rise as a result of this export ban.
India's production is only 4% of the world's exports, but hopes that India will fill the wheat supply shortage caused by the Ukraine crisis have disappeared.
Food security risks are growing, with reports that 23 countries have turned to food protectionism due to the Ukraine crisis.