No Concern Over Livestock Feed Supply

EghtesadOnline: Livestock feed stored in Iran’s ports of entry are sufficient to meet the needs of the production sector for the next three months, according to the CEO of State Livestock Affairs Logistics Company, affiliated with Agriculture Ministry.

News ID: ۷۸۶۵۲۰

27 June 2021

Nine customs terminals are holding 4.35 million tons of livestock feeds, while the monthly need of the country is about 1.3-1.7 million tons, so the livestock feeds at ports can supply the needs of the production sector for 3 months,” Hassan Abbasi Maroufan was also quoted as saying by ILNA.

There are 430 companies importing livestock inputs, including corn, barley, soymeal and soybeans.

"The supply of essential goods is a continuous process and so far import orders for 11 million tons of four types of goods, namely corn, barley, meal and soybeans, have been registered, which will be imported over time. We are not concerned about the supply of livestock feeds for the next nine months," the official said.

“The Central Bank of Iran has already allocated the foreign currency required for imports at subsidized rates.”

The official noted that every month, 1.7 million tons of livestock input are supplied in the market.

“Last year, a ton of barley in the international market cost about $190, while it is $270 now,” he said.

Referring to the rise in global prices for livestock feeds, Maroufan said corn was $205 per ton, but is currently $319.