Subscribe Now

* You will receive the latest news and updates on your favorite celebrities!

Trending News

Blog Post

Poultry prices set to rise as unlock comes into effect
Latest News

Poultry prices set to rise as unlock comes into effect 

During lockdown, the 7 am to 11 am window for operations witnessed a dip in the sale of chicken and eggs. Sales dipped by 20 to 25 per cent due to the four-hour window and complete lockdown over the weekend for over two months.

Relaxation of lockdown and longer operational hours for meat shops are expected to give a boost to poultry prices — farmgate as well as retail. While demand is expected to go up, a production dip in the sector is cited as the reason for possible price rise in markets during the next few days

During lockdown, the 7 am to 11 am window for operations witnessed a dip in the sale of chicken and eggs. Sales dipped by 20 to 25 per cent due to the four-hour window and complete lockdown over the weekend for over two months.

The industry had asked for sale to be kept open over the weekend, but most district collectors decided not to based on local conditions. While consumption remained stagnant, farmgate prices ranged from Rs 60 to Rs 80 per kg and retail prices hovered around Rs 180 to Rs 200 per kg due to dip in production. Farmgate prices refer to the price at which farmers sell their market-ready birds normally weighing around 2 to 2.2 kg.

Another reason for the price drop was panic sale by some poultry farmers in fear of uncertainty over lockdown. This created a glut in the market, due to which prices went down. Prices, however, stabilised at around Rs 72 to Rs 80 per kg towards the end of April and most of May. Perhaps the biggest dip was due to the closure of hotels, restaurants and catering (HORECA) businesses, which contributed to around 25 per cent consumption. On an average, India reports sales of 1.3 crore eggs and 30 crore birds daily.

Read Full News

Related posts

Leave a Reply

Required fields are marked *