Akafema. Photo | courtesy.
Animal feed prices are expected to surge by up to 30 percent this month due to a reduced supply of maize in the local market, industry players have warned.
The shortage of maize, a key ingredient in animal feeds, has driven up input costs, forcing manufacturers to adjust prices.
According to the Association of Kenya Feed Manufacturers (AKEFEMA), the rising costs could have a huge effect on livestock farmers, who rely on affordable feed to sustain their businesses.
“The supply of maize has significantly declined in recent weeks, pushing up prices. This is affecting feed production costs, and unfortunately, the burden will be passed down to farmers,” said AKEFEMA spokesperson.
The maize shortage is attributed to a combination of factors, including lower domestic harvests, logistical challenges, and increased demand from other sectors such as human consumption and ethanol production.
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Farmers have expressed concerns over the looming price hikes, warning that they may be forced to cut down on production or pass on the higher costs to consumers.
Poultry and dairy farmers are expected to be the hardest hit, as feed constitutes a significant portion of their production expenses.
Industry experts are calling on the government to intervene by either increasing maize imports or providing subsidies to cushion farmers from the sharp rise in costs.
Consumers may soon feel the pinch as higher feed prices translate to increased costs of eggs, milk, and meat in the coming months.
