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Wholesale egg prices surged to a record Rs 3.73 a piece following a rise in consumption.
On Thursday, the price was raised by three paise from last week’s Rs 3.70 by the National Egg Coordination Committee (NECC), Namakkal zone.
The average price of egg in January this year stood at Rs 3.37 against last year’s Rs 2.84.
Egg production in Namakkal, the country's poultry hub, stood at 3.52 crore in January this year against 3.07 crore during the same period a year ago.
With the exports dwindling slowly, the industry is focussing on the home turf.
Exports in January almost halved to three crore eggs from that of last year.
Broiler prices cut
Meanwhile, the Committee has slashed the price for layer birds to Rs 47 a kg (Rs 51), while the Broiler Coordination Committee’s rates for cull birds is down by Rs 8 to Rs 76 to boost consumption.
This is in view of the demand for animal protein being high during summer.
gayathri.gururajan@thehindu.co.in
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