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More Production + Better Weather = Lower Poultry Prices

by 5m Editor
31 October 2007, at 5:17am

LAHORE - Poultry prices in the city have shown a decline in the last couple of days and may fall in the coming days due to healthy production of chicken and ideal weather for breeding, poultry experts told Daily Times on Tuesday.

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“Though currently, people are feeling relief due to the price decline but poultry prices would hit Rs 130 per kg once again in the coming weeks,”

Former chairman of Pakistan Poultry Association Abdul Basit

Currently, poultry meat is being sold for Rs 103-106 per kg. In the month of Ramazan, poultry meat remained expensive and was being sold for Rs 130-140 per kg.

The industry experts said that the chicken production dropped in the month of Ramazan that triggered a hike in its price. However, healthy production has resulted in a drop of poultry prices. They said that in the coming days, the price of chicken meat would drop further decline.

“Now the chicken in the farms is more than its demand and therefore its price is declining,” said former chairman of Pakistan Poultry Association Abdul Basit. He said that the current price of the chicken would impact the consumers negatively, as this price is not suitable for the farmers and a number people might opt of the business.

“Though currently, people are feeling relief due to the price decline but poultry prices would hit Rs 130 per kg once again in the coming weeks,” he said adding, that the cost of production of chicken has risen in a couple of years.

Source: DailyTimes

5m Editor