The hike in the prices of feeds has largely been attributed to the high demand for grain, which has been fuelled by trade disruption due to the row between Uganda and Rwanda. PHOTO | CYRIL NDEGEYA
The local market recorded one of the highest prices of soybean, wheat and maize — the most preferred inputs for the animal feeds industry — which hiked the cost of livestock production at the expense of farmers’ profit margins.
A section of farmers who spoke to Rwanda Today said prices for the most sought-after poultry and pig feeds increased by between 50 per cent to 100 per cent in three months from February this year.
Farmers who were buying a kiloof maize for Rwf150 were paying Rwf300 last week while maize-based ingredients that were selling at between Rwf60 and Rwf70 a kilo now go for Rwf170. Soybean now costs Rwf700 a kilo from Rwf300, and has since become scarce in the market together with wheat.
