Rewat Hathaisattayapong, head of Feed Business at Charoen Pokphand Foods Public Company Limited (CP Foods), extended his appreciation to Prime Minister Srettha Thavisin's administration and all stakeholders for their strategic approach to addressing the challenges faced by the feed industry by easing the import of soybean meal and upholding a 2% import tax. This pivotal decision supports the ongoing development and sustainability of Thailand's livestock sector, making a substantial contribution to the country's economy.
CP Foods is committed to supporting the growth and sustainability of Thai farmers. In a move to lessen financial burdens, the company has implemented a discount initiative on several animal feed products, providing a substantial relief of BAHT 30 (USD 0.84) per bag to farmers in the latter half of 2023. Building on this effort, CP Foods has introduced a further discount of BAHT 3-4 (USD 0.084-0.11) per bag in 2024, exclusively for broiler chicken farmers.