Livestock farmers in Bahrain are expressing concerns over recent price increases implemented by Bahrain Flour Mills, which they fear will drive many of them out of business and ultimately lead to higher meat and poultry prices in the country. The farmers are warning that such drastic price hikes could have a devastating impact on Bahrain’s food security, as the livestock sector may not be able to cope with a sudden 100% increase in prices, particularly for bran flour.
The price of bran flour from Bahrain Flour Mills has reportedly doubled from BD 2.2 to BD 4.4 for a 50kg bag, prompting farmers to seek intervention from the government and members of the Shura Council and the Council of Representatives. During a meeting last week, it was decided to postpone price increases for unsubsidised products for three months to allow for further study and discussions on the matter.
Farmers have also raised concerns about the potential for black market activities, with individuals reportedly hoarding bran flour and reselling it at inflated prices. They are calling for increased oversight and stricter actions to prevent such practices, which could further exacerbate the impact of the price increases on the livestock sector. Bahrain Flour Mills, however, has assured that their price hikes will not affect subsidised products, maintaining affordable prices for accredited bakeries.
Mohammed Al Awadhi, Chairman of the Parliamentary Services and Environment Committee, has acknowledged the concerns raised by livestock farmers and traders regarding the price hikes, particularly for bran flour. The committee is working to find solutions to overcome the challenges faced by farmers in light of the price increases, with a focus on ensuring the sustainability of the livestock sector and safeguarding Bahrain’s food security.
The deferment of price increases for unsubsidised products reflects an ongoing debate among government officials and lawmakers over the best course of action to address the concerns raised by farmers. While some members have proposed cancelling the price hikes altogether, others are advocating for a more measured approach to balance the needs of both farmers and consumers in Bahrain. The discussions continue as stakeholders seek to find a viable solution that supports the agricultural sector and ensures a stable food supply for the country.
In conclusion, the recent price increases imposed by Bahrain Flour Mills have sparked concerns among livestock farmers in the country, who warn of the potential economic and food security implications of such drastic hikes. As discussions and debates continue among government officials, lawmakers, and industry stakeholders, it is crucial to find a balanced solution that supports both the agricultural sector and consumers in Bahrain. By addressing the challenges faced by farmers and implementing effective oversight measures to prevent black market activities, Bahrain can work towards safeguarding its food security and supporting the sustainability of its livestock sector in the face of rising prices.
