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One-Third of Farmers Forced out of Business

by 5m Editor
16 September 2009, at 7:00am

PAKISTAN - A new report on the country's agribusiness says that the poultry sector has been hit hard over the last year.

Despite Pakistan being self sufficient or close to self sufficient in key agricultural products, Pakistanis have been among the hardest hit by the rapid rise in food prices seen across the world since 2007. In the new Pakistan Agribusiness Report Q1 2009, companiesandmarkets.com examines how Pakistan's agriculture is developing and what difficulties lay ahead in guaranteeing affordable food for its population.

The country's poultry sector did not have a good year with producers – hit by high feed and energy costs as well as a series of avian flu outbreaks through the first half of the year. These hit small-holders particularly hard with some reports saying as many as 35 per cent of poultry farmers were forced out of business in the year. This is likely to have had a large negative impact on rural living standards as poultry is an important source of earnings.

Further Reading

- You can view the full report [fee payable] by clicking here.
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