Chicken price may touch Rs 150/kg, Monday, May 12, 2008
Chicken price may touch Rs 150/kg
By Atif KhanISLAMABAD: Chicken price is feared to touch Rs 150 per kg in the next two months due to unavailability of poultry feed in the market, it has been learnt. The twin cities have about five poultry feed mills for hundreds of poultry farms located in Chak Shehzad, Tarlai, Khanna, Bara Kahu, Chirah and Adiala.These farms supply broiler chicken to local market, whereas egg-laying birds come from poultry farms located in Murree. Poultry feed is made from maize, wheat, soybean husk, broken rice and sunflower, fishmeal and blood meal. Ideally, a bag of 50-kg poultry feed contains 20 –25 kg of maize along with other ingredients.A feedbag was sold for Rs 900 but recently its price has increased to Rs 1,100. The manufacturers held increasing prices of raw ingredients responsible for the price hike of refined feed.“It is due to unavailability of maize, soybean and sunflower that we are unable to meet the demand of market,” Khurram Mansoor, an employee of Capital Feeds Islamabad, told Daily Times. He said currently his mill was bearing a loss of Rs 160 per feedbag due to high prices of raw ingredients. “We are selling feed for around Rs 21 per kilogram whereas we buy maize for Rs 25 per kilogram,” he said, adding market trend indicated a further increase in feed ingredients. He said the feed price could go up by Rs 50 per bag in the next week.With the increase in prices of poultry feed ingredients including maize, wheat, soybean husk and sunflower, the market is found short of the feed. Millers accused hoarders of creating an artificial shortage of feed in the market.Maize crop was good last year but the hoarders had stocked it and other ingredients in NWFP, mainly in Swabi and adjacent areas, Mansoor said. “Prevailing political turmoil must be solved immediately otherwise prices of commodities and eatables would double in the coming months,” Akbar Khan, another miller, feared. Khan said new crop of maize was expected by the end of May but its price would keep on increasing if hoarders were not punished and smuggling not stopped.Chicken price on Sunday increased to Rs 87 per kg from Rs 82 per kg on Saturday. The price was Rs 77 per kg on Friday. Poultry sellers said chicken price usually dropped in summer due to decrease in its sale but it remained high this summer.
http://www.dailytimes.com.pk/default.asp?page=2008\05\12\story_12-5-2008_pg7_11
By Atif KhanISLAMABAD: Chicken price is feared to touch Rs 150 per kg in the next two months due to unavailability of poultry feed in the market, it has been learnt. The twin cities have about five poultry feed mills for hundreds of poultry farms located in Chak Shehzad, Tarlai, Khanna, Bara Kahu, Chirah and Adiala.These farms supply broiler chicken to local market, whereas egg-laying birds come from poultry farms located in Murree. Poultry feed is made from maize, wheat, soybean husk, broken rice and sunflower, fishmeal and blood meal. Ideally, a bag of 50-kg poultry feed contains 20 –25 kg of maize along with other ingredients.A feedbag was sold for Rs 900 but recently its price has increased to Rs 1,100. The manufacturers held increasing prices of raw ingredients responsible for the price hike of refined feed.“It is due to unavailability of maize, soybean and sunflower that we are unable to meet the demand of market,” Khurram Mansoor, an employee of Capital Feeds Islamabad, told Daily Times. He said currently his mill was bearing a loss of Rs 160 per feedbag due to high prices of raw ingredients. “We are selling feed for around Rs 21 per kilogram whereas we buy maize for Rs 25 per kilogram,” he said, adding market trend indicated a further increase in feed ingredients. He said the feed price could go up by Rs 50 per bag in the next week.With the increase in prices of poultry feed ingredients including maize, wheat, soybean husk and sunflower, the market is found short of the feed. Millers accused hoarders of creating an artificial shortage of feed in the market.Maize crop was good last year but the hoarders had stocked it and other ingredients in NWFP, mainly in Swabi and adjacent areas, Mansoor said. “Prevailing political turmoil must be solved immediately otherwise prices of commodities and eatables would double in the coming months,” Akbar Khan, another miller, feared. Khan said new crop of maize was expected by the end of May but its price would keep on increasing if hoarders were not punished and smuggling not stopped.Chicken price on Sunday increased to Rs 87 per kg from Rs 82 per kg on Saturday. The price was Rs 77 per kg on Friday. Poultry sellers said chicken price usually dropped in summer due to decrease in its sale but it remained high this summer.
http://www.dailytimes.com.pk/default.asp?page=2008\05\12\story_12-5-2008_pg7_11
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