Zambia: The over 170% spike in stock feed price worry Poultry Association

게시됨 2021년 7월 9일

Tridge 요약

The Poultry Association of Zambia has identified a significant increase in the cost of stock feed in the local market, which is being driven by a rise in the demand for soya beans, maize, and sunflower. The association has also pointed out that farmers from other countries are taking advantage of the depreciation of the kwacha to buy soya beans at cheaper prices in Zambia. The Association expected stability in the prices of soya cake and soya beans after a bumper harvest this year, but instead, the prices have surged by almost 173%.

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원본 콘텐츠

The Poultry Association of Zambia has attributed the high cost of stock feeds on the local markets to an increase in demand for soya beans, maize, and sunflower. The Association further attributes the spike in the cost of stock feed to an invention of farmers from other countries who have taken advantage of the deprecation of the kwacha to buy soya beans at a cheaper price in Zambia. Association Executive Manager Dominic Chanda observed that the problem has emanated from the primary production of stork feed from maize and soya beans. Mr Chanda told ZANIS that soya beans and soya cake is being taken to East Africa en route to China. “Unless the government can intervene and also put a stop to export of soya beans and also export of soya cake because in the export market our products have become cheaper and this is what is worsening the situation on the local market, “he noted. Mr. Chanda said the Association expected a boost after increasing the output of soya beans to 38 percent ...

출처: Lusakatimes