India's Wheat Harvest Is A Complete Disaster

``Wind, rain, and hail ruined India’s wheat crop. India’s policy of buying all wheat at the same price, “whatever the quality”, has made the situation worse by encouraging farmers to focus on quantity rather than edibility. Furthermore, grain reserves overflowing with rotting wheat means that the already poor quality of India’s harvest will be worsened due to lack of storage space. Finally, big companies have been holding off purchases due to misguided deflation fears, which means a lot of pent up demand chasing a lot of “discolored and shriveled” wheat.''