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30,000 poultry farms face closure

Delay in release of soybean from port threatens industry Businessmen have expressed fear that 30,000 poultry farms will be closed, more than 300 feed mills will be affected and investment of about Rs1,200 billion will be stopped in the poultry sector because of delay in clearance of soybean.  “With the unavailability of soybean meal, a main ingredient in poultry feed, there are chances of scarcity of chicken meat that may threaten the country’s food security,” cautioned Rawalpindi Chamber of Commerce and Industry (RCCI) President Saqib Rafiq. In a statement, Rafiq highlighted that 130,000 tons of soybean worth Rs22 billion was lying in the open sky at port and its clearance had been delayed. The poultry industry meet...

November 21, 2022 at 11:34 am | Economic Affairs