The Grain Complex: Situation Grim But Under Control Though there are many who would want the government of India (GOI) to ban exports of grains and oil meals to control skyrocketing prices, the GOI last week suggested that the country has ample stocks. The government currently sees no need for a ban on wheat and rice exports and said it would review the situation in August. Another option would be for GOI to impose stock holding limits on essential commodities like wheat, rice and sugar for large consumers -- such as wheat flour manufacturers and beverage manufacturers -- but there is no such plan as yet.Apart from wheat and rice, India is likely to export 3.5 MMT of sugar and 15 million bales of cotton in MY 2011/12 (October-September)...