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Chicken prices all-time low

by 5m Editor
11 September 2006, at 11:06am

INDIA - The price of a dressed chicken has touched an all-time low as it is quoted at Rs 38 a kg in the retail market. In the wholesale it was between Rs 32 and Rs 35 a kg. Interestingly, the minimum price of ladoos in the region is Rs 45 per kg.

Unprecedented slash in the rate is attributed to the glut in production, besides the seasonal drop in consumption on account of “shradhs” and “navratras”.

Talking to The Tribune here today, Mr Surjit Singh Sagri, president, North Zone Broiler Breeders Association, said the prices of chicken had dropped drastically throughout the country.

The wholesale rate of a live chicken was quoted at Rs 26 a kg in Kolkata, Rs 23 in Nasik, Rs 28 in Mumbai, Rs 23 in Jalandhar, Rs 21 in Chandigarh and Rs 19 in Sirsa. On an average, the price of a dressed chicken is 50 to 60 per cent more than of the live chicken.

“We do not foresee any substantial increase in chicken prices in the coming months because all big broiler breeders have large stocks. Since the prices of poultry feed are rising because of shortage of maize, poultry farmers are trying to market small-size birds so as to reduce the cost of their production. A dressed chicken, which is being sold for Rs 38 a kg in the retail market, is costing a breeder Rs 32 to Rs 35 a kg,” reveals Mr Sagri.

Source: Tribune News Service

5m Editor