Allege hoarding of the coarse cereal by section of the trade; prices jump 35 per cent in past six months.
Poultry players in Karnataka are concerned over the availability of maize and alleged that some traders and farmers are hoarding the coarse cereal, as a result of which prices have skyrocketed impacting the sector. This surge in input cost has lead to higher cost of production leading to a de-growth in chicken consumption, said the Karnataka Poultry Farmers and Breeders Association (KPFBA) in a statement.
Concerned over this adverse trend, the apex trade body is submitting a memorandum to both the Central and the State Governments, urging for severe action against maize hoarders.