News update:Jun 23, 2008

India: no export ban on maize

Despite consistent demands from the poultry industry, the government has ruled out a ban on maize exports.

Additionally, the government will also not revoke existing export bans on rice and wheat, said Indian Commerce Secretary G.K. Pillai, adding that the government is likely to review the ban on food grains by October-November this year, "once the picture is clearer".
Concerned about rising corn prices, the poultry industry has repeatedly demanded an export ban on maize as well as a withdrawal of grains from future trading because of the recent steep rise in global prices of maize. About 50% of India's maize crop is used in poultry feed. Indian maize exports are approx 500,000 t/year.

Editor WorldPoultry

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