Pakistan Farmers Claim Lower Profits
PAKISTAN - Profits of poultry farmers in Pakistan have been declining for some weeks owing to the sharp decline in chicken meat prices and hot and sultry weather that does not allow birds to gain much weight.
21 July 2010
2 minute read
According to Asian Agribusiness, poultry farmers said costs also increased because of higher electricity and feed charges. “The poultry feed rates have registered unusual increase this year owing to shortage of grains,” said Abdul Basit, Pakistan Poultry Association’s former chairman.
He said production of corn, an important ingredient of poultry feed, had declined in the country because the area under its cultivation was curtailed last year.
Mr Basit said the price of a poultry feed per bag of 50-kg had now risen to PKR 1,500 (USD 17.50) from PKR 500 (USD 5.80) a bag in July 2008. The feed rates could come down if the government removed the 25 per cent tariff on the import of corn, he added.
