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Livestock, poultry feed shortage causes high prices in Iran

Iran Materials 30 June 2012 11:47 (UTC +04:00)

Azerbaijan, Baku, June 30/Trend M. Moezzi

The five million ton shortage of corn, soy and bran imports that Iran's livestock and poultry growers faced last year is responsible for sharply higher dairy, poultry and meat prices.

Poultry growers needed more than five million tons of corn for feed last year, but got 3.2 million tons instead, the Iranian Students' News Aency (ISNA) reports.

Instead of the more than four million tons of soybean meal they needed, livestock growers got only a little more than 1.5 million tons of the feed.

The growers also faced a 364,000-ton shortage of wheat bran.

These shortages have driven up the feeds' price and created a black market. Soybean meal has jumped from 5,000 rials a kilo to 18,000 rials. Corn has gone from 4,000 rials a kilo to 6,000 rials and wheat bran that sold for 1,100 rials a kilo now costs 2,700 rials.

In turn, chicken, red meat, milk and dairy products' prices have soared this year.

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