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Poultry farmers can now be assured of a minimum Rs 2.72 for an egg they sell to buyers. This follows the National Egg Coordination Committee (NECC) decision to fix the minimum guarantee of Rs 2.72 for an egg.
An NECC spokesperson said that the decision was taken after studying the market conditions; and discussion with poultry farmers, other NECC zones and egg traders. The move will offset losses incurred by farmers during the lean season when piling stocks force them to cut costs.
However, farmers are of the view that Rs 2.72 is not a profitable price as the existing production costs of an egg is around Rs 2.95 due to soaring feed rates; and the final amount that farmers can get will be in the range of Rs 2.42-2.52.
Meanwhile, egg has increased by 10 paise over last week owing to a rise in consumption. This, despite the austere Shravan / Aadi month, observed in major consuming markets such as Tamil Nadu, Andhra Pradesh, Karnataka and Maharashtra.
The NECC, Namakkal Zone, has increased the price to Rs 2.80 a piece and says prices may go up steadily from next week as Shravan comes to an end in a week’s time.
Meanwhile, the broiler price slid by Rs 5 a kg to Rs 55 in a week, owing to consumer resistance and less demand. The price of layer birds too decreased by Rs 3 a kg to Rs 35.
gayathri.gururajan@thehindu.co.in
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