Malaysian government to allocate more than 800 million yuan to deal with rising chicken and egg prices – Xinhua English.news.cn

Securities Times e Company News, Malaysia’s Ministry of Agriculture and Food Industry issued a notice on the 17th that the government will allocate 528.52 million ringgit (about 800 million yuan) through the implementation of temporary intervention measures to deal with the recent domestic chicken and egg prices continue to rise. . The circular pointed to rising prices of corn and soybean meal, the main feed grains for chickens, as the reason for the continued rise in broiler and egg prices. Prices of grains corn and soybean meal have risen 13% and 11%, respectively, since January. According to the Malaysian National Aquaculture Operator Registration Record, a total of 2,255 farmers are expected to enjoy the subsidy, the announcement said. (CCTV News)