Price of animal feed to be reduced in Nepal; revised price to come into effect from mid-May

KATHMANDU, May 3: The price of animal feed will decrease from mid-May. Rabin Puri, President of Nepal Grain Industries Association, said that preparations are being made to reduce the price of grain, which has become expensive due to the lack of raw materials. He mentioned that the prices of all types of food grains will decrease in the next 10 days. He said that a circular has been issued to all grain industries entrepreneurs for this. Currently in the market, new maize is Rs 35 to Rs 36 per kg and soybean Pinna is Rs 95 per kg. Farmers have also been demanding a reduction in the price of grain as maize and pinna used to make grain have become cheaper. President Puri claimed that although it will take some time to adjust the new price, it will be adjusted by mid-May. “The price of animal feed is not determined by the association. Entrepreneurs themselves will reduce the price. When the new corn comes to the market, the price decreases only by looking at the purchase price and the ...