Poultry Producers Fear Costs May Clip Its Wings
PHILIPPINES - If all goes well, United Broiler Raisers’ Association may expect a hefty 15 to 20 percent growth for the industry this year.
28 January 2008
2 minute read
Ubra chair Gregorio San Diego said what could put a damper to this growth estimate would be high production costs, which could force backyard raisers to stop growing chickens to avoid losses.
Food ingredients constitute about 65 percent of a raiser’s total production cost.
San Diego said prices of main ingredients for feeds such as corn had risen to as much as P13.50 a kilo.
Prices of other ingredients such as soybean had also risen to a 37-year high of P24 a kilo, feedwheat at P17.40, and coconut oil at P52.
