Rise in Animal Feed Imports
EghtesadOnline: Imports of animal feed saw an 11% growth in weight and 22% increase in value to reach 10.05 million tons worth $2.75 billion in the nine months to Dec. 21, 2019.
Corn imports stood at 6.2 million tons worth $1.52 billion, indicating a 2% decline in weight but a 3% rise in value year-on-year, ILNA reported, citing data provided by Iran Feed Grain Importers’ Union.
Those of barley were at 2.51 million tons worth $641.79 million to register a 33% and 53% growth in weight and value respectively YOY, Financial Tribune reported.
The import of soybean meal was at 1.33 million tons worth $588.11 million, which shows year-on-year increases of 61% and 59% in weight and value respectively.