70% Reduction in Poultry Feed Importers

The number of importers of livestock and poultry feed raw materials has reduced by 70% in the first half of the current year (March 20-Sept. 21). 
According to Abolhassan Khalili, the head of Livestock and Poultry Feed Importers Union, 403 companies were engaged in the import of livestock and poultry feed during the first half of the last Iranian year, which number has now fallen to 111 and counting. 
“Unlike what most officials assume, money transfer is a much bigger problem than the government’s allocation of foreign currency. The transfer of foreign currencies other than the South Korean won, the Omani rial, the Iraqi dinar and the Pakistani rupee creates multiple challenges for importers. The 56% decline in the import of unprocessed vegetable oil, 60% soybean meal, 23% barley and the 35% decrease in oilseed import from March 20 to Sept. 11 compared with the corresponding period of last year is indicative of import problems,” he was quoted as saying by IRIB News.