The Commerce Ministry pledges to address feed meal prices, which are surging because of the Russia-Ukraine conflict.
According to Commerce Minister Jurin Laksanawisit, the ministry is scheduled to call a joint meeting today with four related parties comprising responsible government agencies, farmers, feed meal producers and livestock raisers to find solutions to tackle higher production costs for feed meal.
The proposed solutions will include the ministry’s review of measures that require importers to purchase domestic maize at a ratio of 1:3, he said.
The government imposed a cap on wheat imports in 2016 with the aim of shoring up domestic maize and cassava prices.
Mr Jurin said the meeting will take into account all related factors, including the impact on domestic farmers, especially of maize and cassava, and the impact on livestock raisers who now face higher…
