Pakistan could import $1.5 billion worth of GMO soybeans in 2025

Pakistani poultry farmers are investing heavily in strengthening the supply chain in anticipation of a significant drop in feed market prices as the first shipments of GMO (genetically modified organisms) soybeans are about to arrive in the country. Poultry feed prices in Pakistan are set to fall in the next few weeks as the market is eagerly awaiting the first shipments of GMO soybeans in February, Dr. F. M. Sabirs, chairman of Sabirs’ Poultry, recently told the local press. Price reductions are already underway, he added. “Given the current market prices and the expected increase in supply in the soybean market, feed mills are already reducing prices,” he said. It is estimated that Pakistan could import $1.5 billion worth of GMO soybeans in 2025. The Pakistani government’s decision to lift the ban on GMO-soy imports in November 2024 after years of heated debate has been a boon for the poultry industry. The move, which was welcomed by the Poultry Association of Pakistan, is ...