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

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 ...