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English news

04-Nov-2018

Agricultural Development Fund allocates SAR100mn for fodder imports

The Saudi Agricultural Development Fund (ADF) has allocated SAR100mn to finance fodder imports, Al-Eqtisadiah newspaper reported on Wednesday, citing the Fund’s spokesperson Mussa Al-Qahtani. “The allocation could be raised, whenever the fund deems necessary,” Al-Qahtani said. ADF has developed proactive programmes to help livestock breeders cover the feeding costs, arising from the Kingdom’s decision to ban the cultivation of green fodder. These programmes will meet 50% of local demand for green fodder, he added. 

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