The government of India extends the export ban on de-oiled rice bran till March next year

Published 2023년 12월 11일

Tridge summary

The government has extended the ban on exporting de-oiled rice bran, a key ingredient in cattle and poultry feed, until March 31 next year. This ban was first implemented in July of this year. The purpose of the ban is to increase the availability of the product in the domestic market and control rising milk prices, but the Solvent Extractors Association of India believes it will have minimal impact on cattle feed and milk prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

New Delhi: The government has extended the export ban on de-oiled rice bran, a major ingredient in the preparation of cattle and poultry feed, till March 31 next year, according to a notification. It was first banned in July this year. According to experts, rise of prices of the feed is one of the major reasons for increasing milk prices in the country and putting a ban on the exports can help increase availability of the product in the domestic market, thereby containing rates. However, Solvent Extractors Association of India had earlier asked the government to reconsider its decision on banning the exports as the move is likely to have minimal ...
Source: Theprint

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