The Hindu Business Line : Producers cut chicken prices

The ongoing Navratri season and the austere Tamil month of Purattasi (Sept 15-Oct 15) are seen as a cause enough to impact egg consumption, affecting the sale of eggs and the price sentiment in Tamil Nadu.

Broiler producers and shell egg trade in the State have pruned farm-gate prices of their produce. Palladam-based Broiler Coordination Committee has brought down the wholesale price of broiler chicken to Rs 43 a kg from last week’s Rs 45. The apex body for poultry trade, National Egg Coordination Committee (NECC), Namakkal zone has retained the last week’s Rs 1.95 a piece. Last month, egg prices in Tamil Nadu touched an all-time high of Rs 2.05 a piece.

Mr B. Sundararajan, Managing Director, Suguna Poultry Farms Ltd, told Business Line that this sluggish consumption trend was likely to continue till Diwali. “During Diwali, we expect the consumption and prices to rise,” he added.

Added to their woes is the rising cost of maize, a major feed material. During September, maize ruled at an average of Rs 8,500 a tonne against Rs 6,871 during the same period a year ago. Against last year’s average, the prices are higher by 23.7 per cent. Feed cost accounts for more than 75 per cent of the cost of production of eggs and broilers. “We are operating on a tight margin,” Mr Sundararajan added.

More Stories on : Poultry

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Paddy procurement centres

Monsoon withdrawal may be disrupted again

Global tuna prices surge

Inflation rate drops on cheaper agri products

Sheet rubber drops to Rs 106/kg

Producers cut chicken prices

Bears pull down pepper futures

Fertiliser shortage hits cardamom plantations

Labour banks

Ryots’ body to hold protests on Oct 22

‘Weeds are agents of bio-terror’

Linking farms and corporates

Slowing Chinese demand spells bleak future for steel