Mandalay poultry growers warn of problems from high costs
MYANMAR - The country’s poultry industry could face serious trouble caused by high production costs, according to the Mandalay Region Livestock Breeding Federation
24 December 2018
2 minute read
By: U Myint Oo, vice chair of the federation, said the price of chicks and feed remain high, although they declined slightly at the start of the month.
"Production costs are higher than the price of chicken, which hurts profits,” he said. “It is not easy to sustain the business in the long run," he said.
"For each K10 million (US$6318) we invest, we can reap profits of about K1 million after a month and a half, so it is not easy for those who are growing chickens."
"A viss [1.6 kilogrammes] of chicken costs K3200 and a viss of chicken eggs costs K2600. The spread between price and production cost is too thin," he said.
But he said that those who produce feed and breed chicks can still survive.
($1 = K1600)
Source: Myanmar Times
