Increase In Feed Prices Not Triggered By Outbreak Of Covid 19

By Tinkerbel Mwila

 

The Poultry Association of Zambia says the Increase in feed prices on the market has not been triggered by the outbreak of the COVID 19 pandemic.

Speaking in an Interview, Association Executive manager Dominic Chanda says the increase started in 2019 due to the reduction of the maize output from 2.4 metric tonnes to about 2 million metric tonnes and a Reduction in soya bean output from 304 thousand metric tonnes to 81 thousand metric tonnes.

Mr Chanda Explains that as a result, prices of feed went up from K257 to the current price in the range of K370 per 50kg bag.

However, Mr. Chanda says the outbreak of the COVID 19 has contributed to the challenges that the industry is facing especially that the kwacha devaluated further from K13 to K18 which has affected the cost of ingredients for Stock Feed which is imported.

 

 

PHOENIX FM NEWS

The post Increase In Feed Prices Not Triggered By Outbreak Of Covid 19 appeared first on Phoenix FM.

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