June 14, 2022

 

FGV to produce 75,000 tonnes of animal feed in 2022

 

FGV Holdings Bhd (FGV) in Malaysia is expecting to produce 75,000 tonnes of animal feed this year, up from 40,000 tonnes produced in 2021, to cater for the increasing demand for meat such as cow, goat, rabbit and chicken, The Edge Markets reported last month.

 

Through its subsidiary, FGV Integrated Farming Holdings Sdn Bhd (FGVIF), the company launched high-quality animal feed brand Alma, which uses palm kernel cake (PKC), in March last year for its expanding animal feed and animal nutrition business.

 

Speaking to the media at FGV Hari Raya open house, head of integrated farming Abdul Razak Aya said the Alma animal feed is 20% to 30% cheaper compared with other animal feed.

 

"We discovered that farmers have started converting feedstuff for their livestock to Alma products... therefore, we are targeting to produce up to 125,000 tonnes of animal feed by 2024," he said.

 

He added that FGVIF would continue the research and development (R&D) for chicken feed and is now in the process of finalising the formula and technology.

 

"The fibre content in PKC bran is high and not suitable for chickens but there is certain technology that we are working out," Aya said.

 

Meanwhile, group chief executive officer Mohd Nazrul Izam Mansor said the company wants to go beyond plantation and create a full value chain.

 

"We have farmers and Felda plantations and we want to help increase productivity in the plantations and reduce the cost of livestock to farmers," he said.

 

Asked if Malaysia is able to be self-sufficient in terms of chicken feed, he said it is possible since the size is considered small.

 

The government previously stated that PKC and corn cultivation will become the alternatives for chicken feed in the country.

 

- The Edge Markets