Stop export of soybean meal: feed millers
Feed millers have called upon the government to stop the export of soybean meal, a major ingredient of feed for poultry, fish and cattle, for the sake of the livestock industry in the country.
They made the call at a press conference organised by Feed Industries Association Bangladesh (FIAB) today as the government has decided recently to export the soybean meal, which accounts for 25-35 per cent of the feed ingredients.
The millers said soon after the government decided to export soybean meal, local producers have increased their prices by Tk 10-12 per kg to Tk 53-55, putting the livestock industry especially the farmers, who have been reeling from the strike by the Covid-19 pandemic, into the deep crisis.
They alleged the producers have also created an artificial crisis in the market by reducing the supply of soybean meal, affecting the production of many feed mills and increasing the costs that led to the closure of many farms.
The millers said the livestock farmers were deeply concerned about soybean meal export as they are facing huge losses amid the increased production cost.
The FIAB leaders said if the export is not stopped, the prices of livestock products will go beyond the purchasing capacity of consumers.
FIAB President Ahtesham B Shahjahan, General Secretary Md Ahsanuzzaman, Member Masiur Rahman, and other leaders including Shamsul Arefin Khaled, Saiful Alam Khan and Abu Lutfe Fazle Rahim Khan spoke at the press conference.