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Indian Egg Exports Crash by 40% in Five Days

by 5m Editor
22 January 2008, at 9:19am

INDIA - With the World Organisation for Animal Health (OIE) putting India on the bird flu-affected countries list on 16 January following outbreak of the avian flu in West Bengal, Indian egg exporters have started feeling the pinch, says <i> The Financial Express.</i>

The most affected were 800 poultry farms in Namakkal belt that account for 90% of the total egg exports from the country. The Namakkal farms were exporting around 55-60 lakh eggs per day to overseas countries including South Africa and Middle East. After the bird flu outbreak, the Middle East countries including UAE, Yemen, Bahrain, Dubai and Kuwait have stopped buying eggs from India. In the past five days, egg exports have shown a steep decline of 40% from Namakkal region alone.

Industry sources said they expect a loss of nearly Rs 40-45 lakh per day from the ban of egg and poultry products’ exports to the Middle East countries. The exports have now declined to around 35 lakh eggs per day from 55-60 lakh eggs. However the poultry farmers are continuing to export to South Africa and European countries, where the Indian eggs were not banned.

The farmgate egg prices in Namakkal poultry farms, fixed by National Egg Coordination Committee (NECC), also declined to Rs 1.20 per unit after the bird flu outbreak. Till a week ago, egg prices in Namakkal farms were ruling at Rs 1.60 per unit.

For the full story The Financial Express

5m Editor