The increase in the price of meat and dairy products is inevitable

By: Trademagazin editor Date: 2021. 03. 08. 11:50

Livestock farmers everywhere are facing serious difficulties due to the 30-50 percent rise in the price of feed worldwide. This price increase will also be seen in domestic livestock farmers, slaughterhouses and processing plants, and industry prices suggest that consumer prices may rise gradually in the coming months.

Feed prices have risen by about 30-50 percent in recent months as a result of the jump in world commodities (cereals, protein crops, amino acids, etc.). Due to the global price increase, the cost of livestock farmers has increased significantly, as feed is the highest cost during animal husbandry. (NAK)