Higher corn prices push poultry feed costs up in Bangladesh
Poultry feed prices in Bangladesh rose by 20–25% in July-August due to higher corn prices and rising transport costs. The main drivers were more expensive Brazilian corn and higher freight rates.
Local feed producers rely heavily on imported raw materials, making production costs highly sensitive to changes in shipping expenses. As Brazilian corn became more expensive, domestic suppliers also started raising grain prices.
Higher corn prices have also pushed up the cost of other ingredients used in compound feed production. This is increasing costs for poultry producers and adding pressure on sector margins.
Another factor is the limited ability to replace Brazilian corn with supplies from India amid strained relations between the two countries. As a result, producers have fewer alternative sources of raw materials to help contain costs.
Bangladesh’s next corn crop is expected in winter, with harvesting due to begin in October. However, weather risks and the impact of El Niño could reduce yields, potentially keeping poultry feed prices under pressure.
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