High fodder price costs poultry farmers billions of Iraqi Dinars

High fodder price costs poultry farmers billions of Iraqi Dinars

kurdsatnews

Aug 18, 2022

Poultry house in the Kurdistan region.

Nazim Abdullah, director of the poultry farmers association, told Kurdsat News that the owners of poultry farms are constantly losing money due to the increase in fodder prices.

"Since last Eid al-Adha, if chickens have been sold in 500 poultry houses and each house has lost 30 million dinars, a total of 15 billion dinars have been lost to poultry farms," Abdullah noted.

He explained that "they have been able to create large number of jobs in poultry farms, so the government and the Ministry of Agriculture should pay more attention to poultry farms to produce domestic poultry, because we scientifically prepare domestic chickens for the markets."

He added that "there are 38 fodder factories in the region, but these factories have not reduced the price of fodder and currently a ton of fodder is $700 in the market, while most of the supplies and food prices in the region have fallen."

When Russia launched its invasion of Ukraine, grain prices increased globally as it did in the Kurdistan region, however after a while price of most commodities have jumped back to normal.

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