The Chicken & Egg Story doesn’t Come Cheap
RISE IN CHICKEN PRICES
The protein food basket is getting dearer. The heat wave in states like Tamil Nadu, Telangana, Andhra, West Bengal, Bihar and Jharkhand has resulted in broiler deaths, leading to a 25% increase in price of chicken and 9% in egg prices over the past fortnight.
Poultry owners in Telangana said the state has more than 10,000 farms with about 7 crore live broiler and layer breeds. The increase in temperature to 45 degree Celsius in some places has led to death of broiler as well as layer breeds. As a result, chicken production has gone down 20% in the past fortnight and prices have moved up, they said.
Price of processed chicken has gone up to Rs 200 per kg from Rs 150 a fortnight ago.
“If the heat wave continues then prices may move further north. There is demand in the market but supply is less. In Jharkhand ,temperature is hovering around 45 degree celsius, which is unfavourable for poultry industry,” said Samarendra Narayan Sen, president of West Bengal Poultry Federation.
India’s broiler production is projected to increase 8% this year to 4.2 million tonnes amid growing demand from the middle class, according to a US Department of Agriculture’s Foreign Agricultural Service report.
Live poultry market accounts for 90-95% of total sales since most consumers prefer freshly culled chicken. Chicken prices have gone up in the past few years due to increase in feed prices. Processed chicken meat makes up 5-10% of the total chicken meat production, but the report estimates 15-20% growth in demand for processed chicken meat.