Full of rice warehouses, India lifts ban on 100% broken rice exports

The decision was made on March 7 to counter record high inventories in early February, with stocks nearly nine times higher than the government’s target, and to meet growing international demand. The move is good news for poor African countries as they can access grain supplies at lower prices. In addition, Asian feed and ethanol producers that rely on the grain will also benefit significantly. Chairman of the B.V. Rice Exporters Association “Now that we are allowed to export broken rice, we are expecting to export around 2 million tonnes of this type in 2025,” Krishna Rao said. This is lower than the 3.9 million tonnes of broken rice that India exported in 2022, but is still a positive sign for the global rice market. India had previously banned the export of 100% broken rice in September 2022 and then extended the restriction to all other rice varieties in 2023 due to concerns over a decline in production due to low rainfall. However, after reaping a record crop, India had ...