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Chicken Price Jumps as Production Declines

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Chicken Price Jumps as Production Declines
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June 27: The price of chicken has surged in the market with the decline in production due to the lockdown imposed by the government to curb the spread of covid-19 and disease like Newcastle. The recent floods and landslides in various districts have also affected the production.

Many farmers have stopped producing chicken due to the fear of not being able to sell the produced chicken while the Newcastle disease in different districts also created panic among them. Chicken traders say that the production has reduced due to the floods and landslides caused by continuous rain.

According to the stakeholders, about 30 percent of poultry farmers have sopped raising chickens due to the lockdown, Newcastle disease as well as floods and landslides.

According to Tikaram Pokhrel, former president of the Nepal Hatchery Industries Association, the production of chicken has come down from 4.5 million to 3.1 million. He said that the farmers have stopped adding chicks after the roads in different districts were blocked due to floods and landslides.

The direct impact of decline in production is seen in the price of the chicken. According to the Meat Entrepreneurs Association of Nepal, the price of broiler chicken has gone up by Rs 40 to Rs 290 per kg from Rs 330 per kg. In the retail market, the price is up to Rs 350.

Jung Bahadur BC, president of the association, says that if the production is not improved, the price of meat may increase further.

He informed that the consumption of meat has also increased as the ban has been eased to some  extent. “The consumption of meat in the Kathmandu Valley was only 20 percent at the time of the ban, but it has increased to 40 percent now,” he says. Under normal circumstances, about 500,000 kg of meat is consumed daily in Kathmandu Valley.

The increase in the price of grains and medicines for feeding chicken has also affected the production. The price of soybean that is used for making chicken feed has increased from Rs 75 to Rs 88 per kg, while the price of maize has also increased from Rs 26 to Rs 32 per kg.

 

 

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