Feedmeal producers cut prices<\/p>\n
JAKARTA (JP): The Association of Indonesian Feedmeal Producers
\nsaid Tuesday that it had decided to reduce the price of feedmeal
\nfrom the current Rp 1,850 (21 U.S. cents) per kilogram to Rp
\n1,600 per kilogram to help small-scale poultry farmers.<\/p>\n
The association's chairman, Budiarto Soebianto, was quoted by
\nAntara news agency as saying the decision was taken following
\nreductions in the prices of imported ingredients for feedmeal
\nsuch as corn and soybeans, even though the prices were still
\nhigh.<\/p>\n
"Although the prices of raw materials are still high we
\ndecided to lower the price of ready-for-use fodder to Rp 1,600
\nfor the sake of small-scale poultry farmers," Budiarto said.<\/p>\n
He said that imported corn had dropped to US$130 per ton from
\n$145 per ton last month, while prices of soybean pellets dropped
\nto $240 per ton from $275 last month.<\/p>\n
Feedmeal prices have skyrocketed in the past six months and
\nhave forced most of the country's poultry farmers into
\nbankruptcy.<\/p>\n
The sharp increase in prices was caused mainly by rising
\nprices of imported ingredients due to the rupiah's sharp
\ndepreciation against the U.S dollar.<\/p>\n
Budiarto also said that the government would subsidize the
\nimport of corn, fish powder and soybean pellets to ensure the
\ncountry's fodder production continued undisturbed.<\/p>\n
He said the subsidy would come in the form of a fixed rupiah
\nexchange rate of Rp 5,000 to the U.S dollar for the import of
\ncorn, fish powder and soybean pellets.<\/p>\n
Budiarto welcomed the subsidy plan, saying it would help small
\nand medium-scale farmers and feedmeal producers.<\/p>\n
He said the government had also appointed the State Logistics
\nAgency (Bulog) as the sole distributor of the imported feedmeal
\ningredients.<\/p>\n
Bulog chairman Beddu Amang refused to comment when asked
\nyesterday about his organization's new task. (gis)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/feedmeal-producers-cut-prices-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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