March 1, 2022

Malaysia opens subsidy applications for poultry farmers

Malaysia's Ministry of Agriculture and Food Industries has opened subsidy applications for poultry farmers until June 5, 2022, Bernama Malaysia reported.

The ministry said the subsidy rate is MYR 0.60 (~US$0.14; MYR 1 = US$0.24) per kg for poultry farmers and MYR 0.05 (~US$0.012) for eggs grades A, B, and C.

MYR 528.52 million (~US$126 million) has been allocated for the subsidies that aims to benefit 2,255 breeders. Payment will be channelled directly to the farmers' accounts through Agrobank.

The ministry said the subsidy will ease farmers' burdens especially for rising feed costs, which accounts for 70% of production costs. Other costs include logistics, labour, utilities and medicines.

The ministry hopes the government's intervention will be able stabilise supply and ensure consumers can purchase chicken and eggs at an affordable price.

Farmers can apply for the subsidies at any Department of Veterinary Services office, or visit the Department of Veterinary Services website to download the form and application guidelines.

-      Bernama Malaysia