CPF invests in huge grain terminal project

With animal feed prices rising sharply, Charoen Pokphand Foods Plc (CPF) is developing its animal-feed operation in Nakorn Ratchasima as a grain terminal with a storage capacity of 200,000 tons, in order to benefit from the plentiful maize production in the northeastern provinces.

The grain terminal project, the company's biggest integrated feed operation with a capacity to produce 1.2 million tons of poultry feed a year, is part of CPF's integrated farm to food processing chicken operation production complex, says Virote Kumpeera, CPF senior vice-president, adding that the silo and grain elevators constructed with slipform technology will also be used to build more CPF animal-feed plants in both Malaysia and Vietnam.

If there is a "problem", he says, it has to do with "rising maize prices" – up from 9-10 baht per kilo last month (June), to currently 11 baht, but still ahead of the US market's export price of 14 baht, sold to Asian countries.

Subscribe here to the free animal feed newsletter

Editor AllAboutFeed