Arab Finance: The Ministry of Agriculture announced the release of 205,000 tons of corn and soy fodders worth about $100 million during the period from June 2nd to 8th, according to a statement on June 12th.
The released amount included 149,000 tons of corn and 56,000 tons of soybeans at a value of $53.4 million and $42 million, respectively.
In addition, around $5 million worth of feed additives were released from ports.
This brings total releases over the period starting October 16th, 2022, to June 8th, 2023, to 5.6 million tons, including 4.2 million tons of corn, 1.4 million tons of soybeans and feed additives at a total value of $2.7 billion.