Pakistan - Poultry prices still soaring

Continuing high feed prices and the closure of breeding farms are leading to higher consumer prices and imports of poultry meat.

The majority of grandparent poultry farms have been closed, which has squeezed supply of one-day-old chicks and pushing up poultry prices in the market, according to The News of Pakistan. High poultry feed rates have also played a role in the chicken price increase.

Pakistan Poultry Association's former chairman, Khali Sattar, stated this in a presentation on poultry sector to the Lahore Economic Journalists Association on 14 November.

He said only two grandparent stock producing units out of five were operating and even these units had to curtail their production due to very low demand in 2008. He said prices of one-day-old chicks dipped to as low as one rupee (PKR) during the lowest point in the poultry sector in 2008.

Source: newsroom - meattradenewsdaily.co.uk

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