The longer the Russia-Ukraine war lasts, the more the
negative effects of the war spread around the world. Food prices are rising
around the world because of the war. Its impact has been felt in Bangladesh as
well. The dairy farmers of the country are in a helpless condition.
Chattogram Dairy Farm Association says if the situation prolongs, many farmers will have to close down their farms.
Jasim Uddin, a dairy farm owner, sells over 100 litres of milk daily in Chattogram. He usually makes a modest profit, but recently he has been suffering huge losses as the price of cattle feed has risen sharply in the last 15 days.
"I am on the verge of shutting down my farm as the cost of milk production has exceeded its selling price," Jasim told.
Feed traders said many of their raw material shipments had been cancelled since the Russian invasion of Ukraine at the end of last month.
Besides, the prices of cattle feed's key ingredients – maize and soybean meal, which are mainly sourced from the two warring countries – rose on the international market while freight rates also increased. All these resulted in a price hike in the local market.
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