Thailand: Poultry feed prices drop by 5%

31-10-2008 | |

Animal feed production costs for maize, soybean meal, tapioca and rice bran have dropped 5% in Thailand in line with cheaper raw material costs.

Yanyong Phuangrach, director of the Commerce Ministry’s Internal Trade Department, reported that following a department cost analysis showing that production costs for animal feeds have fallen significantly; maize prices have dropped to 8.07 baht per kg in October from 9.32 baht in July, while soybean meal is now 16.99 per kg against 17.34 baht.

Natalie Berkhout Freelance journalist