1.8m Tons of Animal Feed Raw Materials Imported in 2 Months

EghtesadOnline: More than 1.8 million tons of imported raw materials used in animal feed production were distributed among producers during the first two months of the current Iranian year (March 20-May 20), according to the CEO of State Livestock Affairs Logistics Company affiliated with Agriculture Ministry.

News ID: ۷۵۰۲۰۵

09 June 2020

“Though domestic demand for animal feed over the period stood at 2.2 million tons, slow transportation prevented the efficient supply to the market. Until last month, between 10,000 tons and 15,000 tons of feed were transported to provinces across the country per day, but we have quickened the procedures and now some 40,000 tons are transported per day,” Hassan Abbasi Maroufan was also quoted as saying by IRNA.

Maroufan added that currently 2.25 million tons of animal feed stored in Iranian ports will enter the local market as soon as they undergo customs clearance.

Latest figures on animal feed imports pertain to the first month of the current year (March 20-April 19) released by the Animal and Poultry Feed Importers Association.

According to this report, 866,570 tons of animal feed worth more than $253 million were imported into the country over the one-month period, showing a 6% and 7% decline in weight and value respectively compared with the similar period of last year.

More than 166,620 tons of barley worth $41.37 million were imported over the period, registering a 14% and 21% year-on-year decline respectively.

About 430,220 tons of corn worth $104.62 million were imported, which shows a 14% and 15% decline respectively YOY.

During the same period, 269,730 tons of oilcake worth $106.99 million were imported, indicating an 18% and 9% growth compared with the corresponding period of last year.