The Myanmar Fish Federation and Livestock Breeding Federation will hold a joint seminar on fish and prawn feed at Lotte Hotel in Yangon on August 25th. The seminar is being held to address the increasing price of feed, according to Dr. Thet Hmu, chair of the Myanmar Fish and Prawn Feed Manufacturers Association.
“The event is to shed some light on price of the feedstuff for fish and prawn that are remarkably high these days," said Dr. Thet Hmu. "One of the main problems for the fisheries sector is rising prices of fish feed, which has been made from bran. Currently, bran prices are at their highest point in five years."
"Now, Myanmar’s fish farms are turning to new breeding options to survive. We have to work hard in order to survive. There were 5 government owned fish and prawn feed factories. All of them were shut down and one has been sold away. If things go on like this, the private sector will face difficulty,” concluded Dr. Thet Hmu.