India bans exports of de-oiled rice bran after white rice
₹18,000-18,500 a tonne from ₹5,000 per tonne in the last few weeks due to supply tightness. In 2022-23, India produced record 5.5 million tonnes of De-oiled Rice Bran as against the previous year’s 5 million tonnes, according to the government’s estimates. Only 600,000 tonnes of total 5.5 million tonnes (about 12%) were exported by India.
West Bengal is a large producer of Rice Bran extraction, however, there is hardly cattle feed industry and demand of Rice Bran extraction in Eastern India. The local freight for moving Rice Bran extraction from Eastern India to South or West India is too high and therefore export is the main outlet for disposal of Rice Bran extraction in Eastern India, according to documents represented to the government by the Solvent Extractors’ Association of India (SEA) reviewed by Mint. “This will do irreparable damage not only to the oilseed sector but also to the oilseed farmer.
It will also hit the rice milling industry and production of Rice Bran Oil," SEA executive director B. V. Mehta said.
As far as the impact of rice bran extraction ban is concerned to reduce milk and milk products prices, “even if the price of the cattle feed is reduced say by 10%, cattle feed value may reduce by 2.5% and ultimately the milk price will reduce not more than 1%," explained Mehta. “However, there are numerous factors apart from feed ingredient cost including packaging, transport etc. responsible for the milk and milk products prices," Mehta added.
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