Commodities
Bangladesh Poultry Feed Prices Skyrocket Amid Higher Corn Costs
Poultry feed prices in Bangladesh have surged by 20-25% due to higher corn prices and rising transport costs.
The main contributors to this increase were more expensive Brazilian corn and higher freight rates.
Local feed producers rely heavily on imported raw materials, making their production costs highly sensitive to changes in shipping expenses.
As a result of the increased cost of Brazilian corn, domestic suppliers also raised grain prices.