LFL explains the situation and listens to its customers
As global food and fertilizer prices reach concerning levels, the lingering effects of the COVID-19 pandemic and the Russia-Ukraine conflict are raising serious concerns about food security, both in the short and long term. The war in Ukraine has abruptly halted all grain and oilseed exports from Ukraine and much of those from Russia. This disruption has caused a global surge in wheat, corn, and oilseed prices.
By gathering its clientele of poultry and ruminant farmers at a seminar in late May at Flying Dodo, Livestock Feed Ltd (LFL), in partnership with Freight & Transit Co. Ltd (FTL), Panagora, and the Association of Mauritian Manufacturers (AMM), aimed to expose and explain the difficult situation Mauritius is facing.
These regular meetings between the feed producer and farmers help to identify possible solutions to recurring problems. However, in the current context, this doesn’t seem easy. With rising raw material costs, currency fluctuations, freight charges, and market price conditions, what are the viable and acceptable solutions to respond to an unprecedented economic crisis?
Increasing grain storage capacity, producing corn—one of the main raw materials for animal feed, and setting up a regional freight service to reduce dependence on large shipping companies—are the main suggestions from seminar participants. While they may seem straightforward at first glance, their implementation in the short term appears significantly more complicated… Perhaps these suggestions will resonate during the upcoming agricultural forums in July, as they are crucial to the survival of the farming community.