Farmers in Taiwan are receiving subsidies to grow maize in order to stabilize domestic animal feed prizes.
Officials said they hoped the incentives would boost the planted
acreage of maize to some 10,000 hectares and realize the production of an
estimated 50,000 metric tons.
They pointed out that the wholesale price
of imported maize has risen to NT$11.2 per kilogram, up 111% from July last
year, triggering a new wave of prices hikes affecting the animal feed
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