Pressure mounts for corn export ban

FE reports:

‘‘Exports have really picked up in the past two weeks,’’ Amol Sheth, president of the All India Starch Manufacturers Association said on phone from Ahmedabad, citing exports of 100,000 tonne in the past 15 days.

‘‘If India doesn’t ban exports, it could touch one million tonne as all of southeast Asia is short of the grain.’’

The real question to ask is what would be the stage two/stage three impact if government decides not to impose a ban.