Increase in Indon poultry feed price


Indonesian feed millers have increased the price of poultry feeds by USD 0.02/kg said Chairman of the Indonesian Feed Millers Association (GPMT), Sudirman FX. Secretary General of GPMT, Desianto Budi Utomo told Asian Agribiz that the increase was triggered by the higher price of corn and soybean meal. “Currently the price of commercial broiler and layer feeds is in the range of USD 0.6/kg and USD 0.45/kg, respectively,” said Mr Sudirman. He anticipates that the price will increase again in the next semester since the price of corn is still high and continues to increase.