No maize from India: Malaysian farmers chicken outJuly 7th, 2008 - 2:17 pm ICT by IANS
Kuala Lumpur, July 7 (IANS) India’s decision to stop exporting maize has hit Malaysia’s chicken farmers who have been advised to cut production or cope with higher maize prices. Maize from India form 95 percent of the chicken feed in Malaysia. India banned its export last week.
“In just two days, the price of maize jumped from RM980 ($270 approx.) per tonne to RM1,200 ($370),” Lee Ah Fatt, President of the Federation of Livestock Farmers Associations of Malaysia (FLFAM) said.
“With India barring the export, the price of maize will escalate further thus hurting farmers,” Sin Chew Daily and China Press quoted him as saying.
Lee called on members to cut chicken production by between 10 percent and 15 percent to reduce losses, the Star newspaper said Monday.
Tags: 10 percent, chicken farmers, chicken feed, chicken production, china press, fatt, federation of livestock farmers associations of malaysi, India, kuala lumpur, livestock farmers, losses, maize, rm1, tonne