NFM: Feed price increases owing to global grain hikes
Thursday 11 March 2021
NFM feed supervisor Gary Hosang and corporate communications officer Lisa Cropper-Cudjoe inspect the animal grain supplies at the feed milling and packaging department on the Wrightson Road, Port of Spain compound on Wednesday. - PHOTOS BY ROGER JACOB
NATIONAL Flour Mills Ltd (NFM) raised the prices of its animal feed, between three to 14 per cent, last month owing to increases in global grain prices.
In a release on Wednesday, the state-owned company said there have been “incremental increases” in grain prices over the past months which forced it to increase local feed prices. In a further update, it said the local price increases were effective February 22.