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Corona impact: Poultry farmers bleed as prices plunge below production cost

Many small and unorganised players have been forced to close down and explore other means of livelihood

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Poultry farmers are suffering heavy losses following the sharp drop in prices.

Dilip Kumar Jha Mumbai
Poultry prices have declined by a third in the past month because of receding consumer demand amid the coronavirus outbreak.
 
Broiler chicken in the benchmark Bengaluru wholesale market was quoted Rs 61.76 a kg on average in February, as against Rs 91.58 a kg in January. Similarly, broiler chicken in the Hyderabad and Muzaffarpur (Bihar) wholesale markets was sold at Rs 61.28 a kg and Rs 78.66 a kg, respectively, in February, as compared to Rs 86.28 a kg and Rs 90.13 a kg in January. Egg prices have also plunged. 

Though the government and farmers have rejected the possibility