In the recent past, there has been an outcry from the animal feed industry over the skyrocketing cost of raw material, resulting in feed manufacturers either scaling down or closing shop.
Livestock farmers are having to cut down on the rations of feed or the herd numbers, resulting in slow growth rates or losses for farmers and livelihoods of people who depend on this industry. This high cost of production is reflected in the high prices of some basic foods, significantly contributing to the rising inflation and cost of living.
