India bans rice bran exports until March 2024

(By Planeta Arroz) The government of India has extended the ban on the export of defatted rice bran, an important ingredient in the preparation of feed for cattle and poultry, until March 31 next year, according to a notification issued this Friday . Exports were suspended for the first time in July this year. “The ban on the export of defatted rice bran is extended until March 31, 2024,” said the Directorate General of Foreign Trade in a notification. According to experts, the increase in the cost of feed is one of the main reasons for the rise in milk prices in the country and the ban on exports can help increase the availability of the product on the domestic market, thus containing inflationary rates. However, the Oil and Solvent Extractors ...