Poultry feeds manufacturing continued to dominate Zimbabwe’s stockfeed industry with a monthly average of 29,394 metric tons, which is worth $16.8 million, during the fourth quarter of 2016.
According to Zimbabwe Poultry Association Chairperson Solomon Zawe, poultry feeds accounted for 66 percent of all feeds produced by weight and 73 percent by monetary value.
But Zawe noted that broiler starter and layer feeds production in the fourth quarter of 2016 were lower compared to the same period in 2015.
During those months, production of broiler starter, layer rearing and layer production were down by 14 percent, 37 percent and 28 percent, respectively. Grower feeds remained flat while finisher feeds increased by 2 percent.
Prices of raw materials procured in the fourth quarter of 2016 have increased compared to prices in the third quarter, except for wheat bran and methionine.
Average weighted broiler and layer feed prices in the fourth quarter were $686 and $481 per metric ton, respectively. Those figures are 4 percent and 2 percent higher than prices in the third quarter of 2016.