Chicken prices Sri Lanka 2011
The poultry industry is again in a crisis due to the sharp decline in egg and chicken prices, which are below the cost of production, the All Island Poultry Association told Sunday Observer.
The industry faces frequent ups and downs due to lack of monitoring and coordination from the authorities and as a result farmers as well as consumers suffer, the Chairman of the Association, Dr D.D. Wanasinghe, told the newspaper.
The cost of production of an egg is around 8.50 to 9.00 rupees (LKR) and chicken around LKR315 to LKR320 per kilo. Farm gate prices of products have dropped below the cost of production. Small- and medium-scale farmers who do not have cold storage facilities are obliged to sell their products below the cost of production.
This situation will discourage small scale farmers and as a result within the next few months there will be a shortage of eggs and chicken, Dr Wanasinghe said.
The price decline is a result of over production due to lack of coordination in the industry.
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