Poultry prices jump by 25% in two weeks on increased consumer demand

Despite the increase, both broiler chicken and eggs are selling at break even, though their cost of production has declined on account of a sharp fall in the price of feed such as maize and soybean

Poultry prices have risen by as much as 25 per cent in the past fortnight, due to a gradual increase in consumer demand. This follows the resumption in economic activity under Unlock 1.0, which started on June 8 after a 75-day lockdown.

With this increase, chicken is available at the farmgate for Rs 75-80 a kilo (kg), from Rs 60-65 a kg in the first week of June. Similarly, eggs are quoted at Rs 4.50-5 apiece, against Rs 3-3.50 apiece. Despite the increase, both broiler chicken and eggs are selling at break-even levels, even though their cost of production has declined