MASTER Mix Feeds will be increasing the prices on their products from Monday.
The company in a press release on Friday stated that they last adjusted their prices in February 2021 and since then, there have been additional increases to the prices of grains and other ingredients, freight and operating expenses.
“In many cases, the percentage increases have been in double digits,” Master Mix stated.
The company stated, “As a relatively small importer of commodities in the context of global trade, Master Mix has been impacted by the volatility in the market. Under the circumstances, the company has taken the decision to adjust feed prices with effect from 4th April 2022 as per attached wholesale price listing.”
The company, based at Pt Lisas, Couva, added that it continued to monitor the conflict in Russia and Ukraine and its impact on the global supply chain.
“Please be rest assured that we value your business and will continue to strive for the most affordable prices of grains and other feed inputs, without compromising quality,” Master Mix stated.