Indian Corn Exports An ample amount of grain, especially wheat, barley and corn, combined with slow consumption by both the domestic industry and neighboring countries like Bangladesh, has led to lower corn prices. The depreciating rupee has further improved exports from India this marketing year (October 2011 – September 2012).According to Global Trade Atlas (based on data from the Ministry of Commerce), corn exports from India for MY 2010/11 amounted to 3.346 MMT, of which Indonesia purchased 0.868 MMT; Malaysia, 0.657 MMT; Vietnam, 0.592 MMT; and Bangladesh, 0.569 MMT. In MY 2011/12, however, Bangladesh was not a buyer; hence, prices in Bihar -- a major corn producing state -- fell drastically during the March harvest. The state is ex...