Source: nhachannuoi.vn
India, the world’s largest broken rice exporter, has imposed an export ban since September 2022 to stabilize domestic rice prices and ensure rice supply for the domestic market, especially for the rice industry. ethanol production and the poultry industry. Before the ban, the export price of broken rice in April-August fiscal year 2023 increased by 4,178% over the same period in fiscal 2019, while at the same time of fiscal year 2018, the price increased by nearly 319%. .
The data shows that in fiscal year 2022, out of 3.8 – 3.9 million tons of broken rice exported, about 1.6 million tons (>41%) are exported to China for animal feed production. poultry here. The share of broken rice in India’s total exports is estimated at 21.2 million tons in 2021-2022, increasing to 23% in April-August 2022, compared with an increase of only 1.34% in the same period. term 2019.
A cooling of domestic rice prices, a steady start of the 2022/23 rice buying season and demand from southern millers may encourage the Indian government to consider lifting the ban. As of November 10, 2022, rice procurement for the official stockpile of the 2022-23 crop year, starting from October, is estimated at about 23.1 million tons, up 1.31% over the same period last year. 2021. In the 2022-23 crop year (October 2022 – September 2023), the Indian government is expected to purchase 77.1 million tonnes of paddy rice, compared with 75.9 million tonnes of paddy purchased in the previous crop year. . Every year India produces about 5-6 million tons of broken rice, often used as feed for poultry and livestock. India’s rice production in the main crop year 2022-23 is estimated to decrease by 6.05% from the previous crop to 104.99 million tons, according to the first published estimate of the production situation in the 2022-23 crop year. Main crop rice production in crop year 2021-22 reached a record high of 111.76 million tons.
If the above figures come true, the main rice production of the 2022-23 crop will be the lowest yielding crop since the 2020-21 crop year. Production is forecast to weaken due to drought in some key producing regions such as UP, Bihar, Jharkhand and West Bengal, and competition with other crops in several states.
