Animal feed imports to be boosted for 3 months - News Summed Up

Animal feed imports to be boosted for 3 months


Animal feed imports to be boosted for 3 monthsThe Commerce Ministry proposed new measures yesterday to boost imports of animal feed ingredients for a three-month period, a move aimed at shoring up domestic supplies following disruptions caused by Russia's invasion of Ukraine. Feed mills have complained for months of a shortage of grains used in animal feed mix, such as wheat and corn, urging the government to ease import controls designed to protect local farmers. Commerce Minister, Jurin Laksanawisit, told a news conference one measure proposed was to temporarily suspend controls on wheat imports from May to July. The government imposed a cap on wheat imports in 2016 with the aim of shoring up domestic maize and cassava prices. Maize demand totals 7.8-8 million tonnes a year, while domestic production makes for 4.9 million tonnes.


Source: Bangkok Post May 03, 2022 05:15 UTC



Loading...
Loading...
  

Loading...