April 15, 2020
Prices of all animal feeds have increased by USD 4.29 – 15/ton in the last two weeks. Some feed producers told Asian Agribiz, the price increase is due to the rise in price of imported ingredients as a result of Covid-19. Meanwhile, the price of poultry meat remains low due to low demand. Farm-gate price of broiler is at USD 0.43/kg, only half of the production cost.