The lowering sales and fixed price and increase in raw materials have forced the farmers to make their own chicken feeds. Lanka Business Online reports:
The demand for maize in bio fuel manufacturing has led to a scarcity in supply for human and animal feed production resulting in soaring prices, CGE said.
The price of raw material for feed in the international market increased 36 percent last year compared to the year before.
"As a result, the year 2007 saw price increases that were unprecedented in the history of feed milling in
"This exponential price increase has given rise to a greater tendency of self-mixing by local farmers, which in turn reduces their dependency on the formulated feed milled by companies such as CGE."
Rising inflation, fuel price hike, and shortage of rice has also hit
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