Animal feed companies forced to close shop as maize shortage hits distributors
Shortage of raw material has forced 10% of animal feed manufacturers to close shop even as the prices of their products skyrocket on account of limited supply of maize
The Association of Kenya Feeds Manufacturers (Akefema), which has a membership of over 90 milling firms, said they had been hit hard by the current shortage forcing them to accumulate stocks for up to a whole week before resuming operations
The scarcity has also seen the price of maize shoot up to Ksh4,500 a bag from Ksh3,500 last October
The price of a …read more
Source: X News
