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Chicken falls, eggs rise as SL, ethanol join mix
Hindustan Times
|February 10, 2024
In a twist to the chicken vs egg debate, prices of chicken (broiler) have been falling for more than a year now. while egg prices have been on the rise, though the pace of rise in egg prices has slowed a little.
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The surge in egg prices is attributed to the rising cost of feed (corn or maize and soybean meal) owing partly to demand from ethanol makers, and tightening supply in the domestic market following a dramatic rise in exports to Sri Lanka. And chicken prices fell due to lukewarm market demand as well as oversupply from rising bird weights, according to industry players and agronomists.
This story is from the February 10, 2024 edition of Hindustan Times.
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