Crisil SME tracker: For MSMEs in broiler farming, feast has only just begun

Feed prices are expected to remain favourable in fiscal 2018

CRISIL expects the credit profiles of micro, small and medium enterprises (MSMEs) engaged in the broiler farming business to improve in fiscal 2018. 

A surge in demand resulting from growing disposable incomes and acceptability of chicken and eggs as sources of protein, coupled with the fact that broiler meat is more affordable compared with other meats, has made poultry one of the fastest growing segments in the agricultural sector. 

The closure of cattle slaughter houses in a few states has also boosted demand and led to an increase in prices of poultry chicken over the past year. Per capita consumption remains low,