Feed prices may decrease

Feed prices may decrease

JAKARTA (JP): The Directorate General of Animal Husbandry, the
National Logistics Agency (Bulog) and the Association of Animal
Feed Producers will hold a meeting here this week to discuss
measures to lower feed prices on the domestic market.

"The meeting is expected to reach agreement on lowering the
price of animal feed to fair levels which can be accepted by
both producers and consumers," Director General of Husbandry
Soehadji told reporters here on Saturday.

He was quoted by Antara as saying that the government's recent
decision to allow animal feed producers to import more soybean
meal -- the main material for feed production -- would push down
the prices of animal feed.

Under the new policy, the government has allowed feed
producers to import up to 80 percent, as compared with the
previous 70 percent, of soybean meal used in production.

Soehadji did not reveal the what would be on the agenda at
this week's meeting.(04)