Soya exports means rising poultry prices
exports of soya beans to Malawi's neighbouring countries would lead to low
chicken production. This could result in the price of dressed chickens rising
above the current K500 (US$3.67).
According to the Poultry
Industry Association of Malawi (PIAM), continued export of the beans, which are
the main ingredient in the production of chicken feeds, would jeopardise the
Alexander Stewart said the current trend was harmful to the economy because it
allows foreign feed producers to import at lower price and treble the selling
A 50 kg bag of
imported chicken feed was K2,500 ($18.3). The price would be lower if the
produce was locally produced, which would bring down the price of dressed
â€œOur local companies are
also in need of the beans for edible oil extraction, but we are trying to have a
proper set up where farmers, traders and producers would determine on how much
should be exported after fulfilling the demand within the country,â€ Stewart
Piam also observed that
the scarcity of soya would affect production cycles needed in the broiler sector
and reduce capacity to expand layer production.
Poultry based income
generating activity in the rural, urban and peri-urban areas will also be
significantly reduced, hence affecting hundreds of thousands of
Majority soya exports
find their way to South Africa and Zimbabwe.
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