Feed Department to set corn prices from tomorrow

The Feed Authority has begun implementing a new price for the supply of corn starting tomorrow, Friday. The selling price has been set at 906 dinars per ton for sales from the dock, and 917 dinars when sold from their warehouses. Additionally, the guaranteed clearance prices have increased for terms of 45, 60, and 90 days. This is facilitated by the use of an insured clearance system that helps regulate supply operations and includes insurance costs of up to 0.8% of the selling price. Institutions can submit supply requests through the digital platform or at the Authority's branches, with several payment options available, including checks, bank transfers, and the insured clearance system.

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