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July 26, 2011

Saudi Arabia's King orders feed prices to be regulated

The king of Saudi Arabia Abdullah has ordered that the price of cattle feed be controlled with an increase in subsidy of 50 percent. This was done to avoid extreme price hikes on the cattle feed, he also ordered that related departments must keep an eye on the price of cattle feed markets.

He also ordered that should any trader attempt to hike fodder prices, that they be handed the maximum punishment available. The punishment includes shuttering shops, defamation of the trader in three mass-circulation local newspapers at the expense of the violator, and depriving their right to government subsidy besides heavy fine. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers
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1 comment:

  1. nice blog !! i was looking for blogs related of animal feed prices . then i found this blog, this is really nice and interested to read. thanks to author for sharing this type of information.

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