India may reimpose broken rice export curbs as prices pass $360/t
India's rice exporters' federation warns New Delhi may restrict 100% broken rice exports again as prices pass $360 per tonne. No curbs are announced yet, but the risk matters for poultry and livestock feed buyers.
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India may curb broken rice exports. The Indian Rice Exporters' Federation warns New Delhi could bring back export limits on 100% broken rice.
Why now? Prices passed $360 a tonne. International prices have crossed $360 per tonne. At home, ethanol makers and poultry-feed makers want more rice.
Nothing is announced yet. No new curbs have been announced. Until India decides, the risk shows up as a price premium, not lost supply.
What it means for feed buyers. If curbs return, a large share of world rice supply would come off the market and feed-grain costs for poultry and livestock could rise.
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