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BUSINESS

FGV expects to produce 75,000 tonnes animal feed this year

25/05/2022 08:23 PM

KUALA LUMPUR, May 25 ( Bernama) --  FGV Holdings Bhd (FGV) expects to produce 75,000 tonnes of animal feed this year, up from 40,000 tonnes produced last year, to cater for the increasing demand for meat such as cow, goat, rabbit and chicken.

FGV via its subsidiary, FGV Integrated Farming Holdings Sdn Bhd (FGVIF), has launched the high-quality animal feed brand Alma, which used palm kernel cake (PKC), in March last year for its expanding animal feed and animal nutrition business.

Speaking to the media at FGV Hari Raya open house today, head of integrated farming Abdul Razak Aya said the Alma animal feed is 20 to 30 per cent cheaper as compared to other animal feed.

“We discovered that farmers have started converting feedstuffs for their livestock to Alma products .. therefore we are targeting to produce up to 125,000 tonnes of animal feed by 2024,” he said.

He said FGVIF would continue the research and development (R&D) for chicken feed and is now in the process of finalising the formula and technology.

“The fibre content in PKC bran is high and not suitable for chicken but there is certain technology that we are working out,” he said.

Meanwhile, group chief executive officer Mohd Nazrul Izam Mansor said the company wanted to go beyond plantation and created a full value chain.

“We have farmers and Felda plantations and we want to help increase productivity in the plantations and reduce the cost of livestock to farmers,” he said.

Asked if Malaysia is able to be self-sufficient in terms of chicken feed, he said yes since the size is considered small.

The government previously stated that PKC and corn cultivation will become the alternatives for chicken feed in the country.

-- BERNAMA

 

 


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