Poultry Association Vows to Lower Poultry Prices by June

by 5m Editor
20 May 2014, at 7:21am

PAKISTAN - The Pakistan Poultry Association (PPA) has vowed to reduce the prices of egg and chicken by the month of June.

According to Business Recorder, the PPA has attributed current price hike to less poultry production due to high prices of feed and medicine.

He said PPA has decided to provide a subsidy of up to Rs.30 per kg on chicken during the holy month of Ramazan for the relief of common masses.

"During the Holy Month, the use of chicken increases and to provide relief to people who fast, especially those belonging to the low income segment who cannot afford to use costly chicken, we would try to keep the prices at an affordable level," Chairman of the Pakistan Poultry Association (PPA) Dr Hassan Sarosh told APP.

He said the recent hike in prices of poultry products was temporary, which would come down by next month.

The prices increased due to rise in demand with no increase in poultry supply, he added.

He said because of non-consumption of breeders in the local market, they are exported to Afghanistan to make up for losses, which also cause the problem of demand and supply of broilers in the local market.

Dr Hassan said the poultry farmers incurred losses due to over-production during the last one and a half years.

As a result, many poultry farms were shut down, causing shortage of the product, he said. Due to less supply in the market, prices skyrocketed, he added.

He said the closed farms have reopened and have started breeding chickens.

As a result, production is expected to increase, which would bridge the demand-supply gap bringing the price to normal range, he said.