Pork, chicken, meat and eggs should cost more this Christmas.
This is one of the consequences of the increase in animal feed prices due on November 1, as announced by Pinnacle Feeds Limited in an advertisement in yesterday’s WEEKEND NATION.
Two of the island’s organizations representing livestock and poultry producers believed the pending increase in the price of animal feed could have a devastating impact on local production and further result in an increase in the price of poultry.
Furthermore, president of the Barbados Dairy and Beef Producers Association, Bryan Allan, said while the island did not have a large beef industry, he was not sure if dairy farmers could survive with an increase at this time.
Pinnacle Feeds cited “substantial increases in the cost of raw materials” and rising commodity prices, particularly the continued increase in corn and soybean prices which had substantially increased operating expenses. (MM)
