Pinnacle Feeds Limited has put on hold a plan to raise its prices by next Monday.

Pinnacle, the lone local animal feed manufacturer this week informed the farming community in writing that the price compact of July 16th had a significant impact on its financial performance and that it could not delay price increases until January next year.

As a result, farmers served notice that their prices would have to goup as well.

But in a statement today Director of Pinnacle Feeds, Jason Sambrano disclosed that the issue of prices is under review as options are considered.