September 4, 2012

 

Bangladesh's poultry feed industry seeks ban on corn export
 

 

In a bid to stabilise the prices of poultry birds and eggs in the local markets, poultry feed industry owners in Bangladesh have sought ban on export of corn.

 

Industry owners said if the government does not slap ban on corn export at least for an interim period, poultry feed prices will go up, further affecting the local eggs and meat supply.

 

Prices of poultry feeds have recorded substantial rise in the international market in the backdrop of an increase in corn prices.

 

Feed Industry Association of Bangladesh (FIAB) President Ihtehsham B. Shahjahan said prices of poultry feeds swelled by nearly 80-100% in the last one month.

 

If the government does not impose ban on the export of locally produced corn, the poultry feed production cost will rise further hampering the chicken and egg production, he told the FE. Corn constitutes 55% of the poultry feed, millers said.

 

Managing Director of Aftab Bahumukhi Farms Fazle Rahim Khan Shahriar said since a major supplier like that of India has slowed down its corn export due to production shortfall, there is a possibility of further price hike of the poultry feed.

 

He alleged that some local businessmen were exporting corn to Nepal and other countries violating government order. The government now allows conditional corn export. Local businessmen can make shipment of corn to other countries if they get minimum price of US$325 or above per tonne.

 

"A Bangladeshi businessman is exporting local corn to Nepal at US$184-190 per tonne violating the government order," said Shahriar, also the General Secretary of the FIAB. He added that a good quantity of corn is being smuggled out to neighbouring India due to its high price there.

 

FIAB president Ihtehsham B. Shahjahan said the price of kilogramme (kg) of another poultry feed soy has increased to BDT70 (US$0.86) from BDT33-35 (US$0.40-0.43), meat & bone meal to BDT65 (US$0.80) per kg from BDT32 (US$0.39), corn to BDT20 (US$0.24) per kg from BDT13.50 (US$0.17) and rice polish to BDT19 (US$0.23) per kg from BDT14 (US$0.17) per kg in last one month.

 

Breeders' Association of Bangladesh (BAB) President Moshiur Rahman said that there is fresh price hike of corn, soy and other raw materials for poultry feed in the international market due to major fall in corn production caused by natural calamities.

 

"If the government does not impose ban on the export of the locally produced corn, the poultry feeds will be costlier and the prices of poultry birds and eggs will rise further," he told the FE.

 

The price of egg and chicken in domestic market has already gone up by nearly 40% over the last one year.

 

Saidur Rahman Babu, General Secretary of BAB said that 60% of poultry farms and 70% hatcheries & breeding farms were closed due to bird flu attack in 2007-08 period.

 

"Many of the farmers have been trying to revive their production. But the fresh price hike of corn and other feeds in the local and international markets has hit the struggling poultry farmers hard," he added.

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