Chicken price collapses by up to 50% and eggs 35%

Farm chicken prices have crashed between a quarter and a half in different states in the past two weeks. The fall was the most severe Maharashtra and Chhattisgarhwhere ex-farm prices drop from $115/kg to $60/kg in Maharashtra And ₹ 50 / kg in Jharkhand.

Prices have fallen due to the advent of the month of Shravan in North IndiaWhen many give up eating meat, consumption decreases due to higher prices and the weight of birds increases as the weather cools due to heavy rains, forcing farmers to sell such birds.

“Chicken prices at the farm gate have fallen in the past two weeks from Rs 115/kg to Rs 60/kg, which is less than the cost of production. The sharp drop in prices is more than expected in Maharashtra and Chhattisgarh, where the month has been said by Vasantkumar Shetty, organizer of the poultry farmers’ association in India The demand from North India, where the month of Shravan started from July 15, has fallen significantly.They also believe that the overall consumer demand has fallen due to the price hike in June.

While the industry is baffled by the fall in prices earlier than expected and across India, factors such as change in weather have also influenced the trend.

Egg prices were also affected by 30-35% in various cities.

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