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NFM: We re open for business
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Business notes business notes
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NFM raises feed prices
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National Flour Mills building.
National Flour Mills Limited (NFM) has advised the general public that the animal feed market is currently facing shortages of some feed types due to a number of factors in both the international and local operating environments.
In a release, NFM noted that the company, like the other two local feed suppliers, imports raw materials for producing feed, noting that corn and soybean meal are bought directly from international suppliers and wheat middling is produced as a by-product of flour production.
The company noted: “Shortages of corn and soybean meal are currently being experienced due to an extraordinary high level of demand emanating from China resulting in the unavailability of loading capacity at the ports in supplier countries and a 3-4 week delay in shipments to T&T and neighbouring countries.”