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Poultry feeds dominate stockfeed industry


THE manufacturing of poultry feeds continued to dominate the stockfeed industry during the second quarter of 2017 with a monthly average of 22,473 metric tonnes worth $15,5 million, an industry official has said.


Zimbabwe Poultry Association chairperson, Solomon Zawe revealed that even though the manufacturing of poultry feeds dominated the stockfeed industry during the period under review, it registered a decrease of 25% in quantity and 7% in value over the same period in 2016.

“Poultry feeds accounted for 69% of all feeds produced by weight and 72% by monetary value. By comparison, pig and ruminant feeds accounted for 9% each of the total value of feeds produced, respectively,” Zawe said.

“Over the period January to June, production of broiler and layer feeds decreased by 27 and 21%, respectively, compared to the same period last year.”

He revealed that the price of maize and solvent extracted soya meal in the second quarter of 2017 were 1% and 2% lower compared to the first quarter.

He said price fluctuations of most other raw materials were around 0 to 5% of first quarter prices with the exception of wheat and maize brans (-10 and -9% respectively), high crude protein cotton meal (-14%), coarse and fine limestone flour (+14 and -10%), meat and bone meal (+11%) and fish meal (+8%).

“Average weighted broiler and layer feed prices in the second quarter of 2017 were $637 and $473/mt, respectively, being the same and 3% lower than prices in the first quarter of 2017,” he said.

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