Poultry prices rise steadily reasons disclosed
Recently, poultry prices have experienced a significant increase following a period of decline. The farm gate price has risen to around 71 pounds per kilogram, up from 68 pounds a few days ago and 58 pounds a month ago. This rise is attributed to increased demand and farmers returning to production after having exited the market due to prices not covering production costs, which range between 68 and 70 pounds per kilogram. From the producer's perspective, the fair price for poultry is approximately 75 pounds per kilogram, while it is believed that the consumer price should not exceed 85 pounds. Additionally, approval has been granted to include poultry within the ration card system starting from January next year, with the aim of providing it at affordable prices and achieving market balance.
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