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Govt Urged Not to Regulate Poultry Prices

by 5m Editor
13 September 2011, at 11:57am

PAKISTAN - The Pakistan poultry industry has called on the government not to not to step in to regulate the retail prices of chicken.

The industry wants to see the chicken prices left to the market, according to a report in The News.

“Chicken meat rates have fluctuated for the last two decades on the basis of supply and demand,” former chairman Pakistan Poultry Association Abdul Basit told The News.

He said that as chickens reach maturity in six weeks, it is not economically viable for the farmer to hold the stocks for even one day.

He said the poultry farmer cannot hold its stocks because after maturity the chickens are more prone to fatal diseases.

He compared poultry to vegetables where market rates fluctuate.

And he said that many farmers sell their chickens at either break even or at a loss or they can ear good profits when supply is short.

Abdul Hai Mehta, the chairman of Pakistan Poultry Association, told The News that when chicken meat rates rise due to short supply and higher market demand the regulators force farmers to sell at government determined rates but he said the government does not intervene when the rates are low.

He added that farmers also have to cover the unexpected losses that frequently occur in poultry harvesting.