China, Indonesia, and Vietnam turn towards broken rice for animal feed due to the increasing price of maize

Rice

Maize (Corn)

China

Indonesia

Vietnam

Published Apr 1, 2022

Tridge summary

Unable to fulfilling their maize needs, the maize buyers from Indonesia are slowly turning towards the broken rice.

Original content

China, Indonesia, and Vietnam are turning to 100% broken rice for feeding animals as the maize prices are continually increasing due to the high demand from South, East-East, and West Asian buyers. According to the managing director of a Kolkata-based export company, there is a high demand for maize in many countries such as Vietnam, Bangladesh, and Indonesia. However, these countries are unable to meet their demands as there is a limited production of maize and the prices are rapidly increasing due to this. The export of maize has been slowed down as a result of soaring prices and the ongoing conflict between Russia and Ukraine. Only small immediate orders that can be transported in containers are being accepted by the exporters. Farmers have indicated a preference for maize and barley this year, but they are losing interest in other crops including… Maize is now being shipped from Kandla in Gujarat to Oman and other Gulf countries that are concerned about maintaining the ...

Source: Krishi Jagran

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