Poultry Farmers in Acute Crises Due to Heavy Losses - AsiaNet-Pakistan

Poultry Farmers in Acute Crises Due to Heavy Losses

January 11, 2021 | | Share:

Lahore, January 11, 2021 (PPI-OT): Raja Attique-ur-Rehman Abbasi, Vice Chairman Pakistan Poultry Association (Northern Region), in a Press Briefing informed that poultry sector is one of the most organized branches of the agro-based sector of Pakistan. The prices of chicken products are determined purely on market supply demand basis. This is how at times the prices of chicken products are below the input costs incurred by the farmers and they are compelled to sell their commodity at a price lower than their cost of production and so bear the losses.

This phenomenon of low and high prices help farmers to achieve an average yearly price, which may be slightly better than his input cost, where he is able to make some profit provided his efficiency stays good. Today, Pakistan Poultry has an annual turnover of over 800 Billion rupees, gives employment to over 1.5 million people directly and indirectly.

Employment in poultry is generated at every village level in a much defused manner like giving jobs around their household. Our country is producing 1322 Million Kilograms of Chicken Meat and 17500 Million Table Eggs Annually. Cost of Production of Chicken meat is Rs.180 and it increases when it reaches to market it costs around Rs.265. It is noticed that 30-35% of the farms have been closed due loss being faced by Poultry Farmers during last months.

Prices of Vegetables and pluses including Ginger, Garlic Tomato etc. have increased many times during last months and Pulses are being sold for more than Rs200 – Rs.300 per kg. Then there arise a question that why only Chicken Meat rates are being targeted by Government. Cost of production of Poultry products includes 75% of the total Poultry Feed. During last year demand of Chicken Meat has been reduced to 30-35% due to which Poultry Farmers are depressed and Poultry Industry is facing a loss of Million Rupees.

Pakistan Poultry Association have warned many times the Government not to intervene in Fixation of Prices otherwise it will result in shortage of Chicken Meat and closure of Farms. We also noticed Mutton and Beef are being sold at very high rates. We hoped that Government will look into the Matter and will find some appropriate solution. Otherwise the whole country will face extreme shortage of Chicken Meat and Eggs.

For more information, contact:
Pakistan Poultry Association (PPA)
Central Office Islamabad
Khalid Plaza 1st Floor, Jinnah Avenue Blue Area near D Chowk,
Islamabad, Pakistan
Tel: +92-51-2801469-70
Fax: +92-51-8444027
Email: ppacentral@gmail.com, ppacentral@yahoo.com
Website: www.ppacentral.pk

The post Poultry Farmers in Acute Crises Due to Heavy Losses appeared first on Business News Pakistan.

Category: English, General Business News