India's concerns relating to grains, in general, and wheat, in particular, are becoming more serious. While demand continues to expand rapidly, output has turned unsteady in the last six or seven years, as much because of water stress and declining soil health as the effects of global warming. Wheat prices have doubled from what they were in early 2007. G. Chandrashekhar A structural transformation is taking place in the global grains market. The ongoing changes are expected to have far-reaching implication for the market in the coming years. How ready are grain sector stakeholders to meet the emerging market dynamics? The international seminar on