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Egg Producers Complain over Plummeting Prices

by 5m Editor
20 February 2012, at 8:51am

THAILAND - On 1 February 2012, chicken layer producers voiced their concerns to the Minister of Commerce on plummeting egg prices.

The producers requested the government to intervene by increasing the recommended egg price, a type of price control which is currently set at 2.40 baht/piece (0.08 US cents/piece) by the Department of International Trade (DIT) suspension of unlimited imports of breeding layers implemented in 2010, an introduction of an egg mortgage scheme, control of commercial eggs imports, and assisting producers in reducing their production cost.

According to trade sources, the Minister of Commerce disagreed with the requests, except with assisting producers in reducing production costs.

The producers claim that egg prices have lowered significantly to the recommended price of 2.40 baht/piece for mixed grade eggs, while their average production cost is currently 2.64 baht/piece.