Trade
India to Sell More Broken Rice From State Reserves to Cut Stocks
India is considering a proposal to expand the sale of broken rice from state stockpiles into the open market, according to people familiar with the matter, a move that may boost supplies of the grain for exports and ethanol production.
The world’s top exporter launched a pilot program earlier this year to cut the proportion of broken grains in rice distributed through its food program to 10% from 25%, diverting the remainder for industrial use.