Feed market exposures farmers to sanctions

While the domestic market guarantees a stable demand for poultry products, the feed market exposes the farmers to sanctions. Iran is importing 80 – 90% of raw materials for feed production. The biggest concern was that the re-introduced sanctions could make the production costs in the poultry industry skyrocket and that is exactly what happened recently. “It was announced that due to sanctions money transfers for about 3 million tons of corn and soybean meal were not carried out on time and so the supply of those goods were affected. As a result, the price of animal feed went up,” Dr Majid Movafegh Ghadirly commented. It is estimated that up to 15 million day-old chicks were culled in Iran in April 2020 because of the crisis, the Tehran Poultry Farmers’ Union said. This means that the  https://www.poultryworld.net/Meat/Articles/2020/5/Feed-shortage-prompts-Iranian-farmers-to-bury-birds-alive-585153E/" rel="nofollow - local hatcheries had no other option left other than to simply kill the day-old chicks , a source on the market explained.