The government has extended export ban on de-oiled rice bran till March 31, 2024. It was first banned in July this year. De-oiled rice bran is a major ingredient in preparation of cattle and poultry feed. 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 impact on the prices of cattle feed and milk. As per estimates, in cattle feed, about 25% rice bran extraction is used.
Over the years, India has successfully developed an export market for de-oiled rice bran, primarily serving Vietnam, Thailand, Bangladesh and other Asian countries, positioning itself as a reliable supplier in the international market.
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