Highlights
Despite the govt.-imposed ticket caps, the market for eggs and chickens continues to ticket high prices that appear to remain out of adjust.
The floods in Feni and 12 northeastern districts have devastated farms and livestock feed, ensuing in diminished manufacturing and a subsequent provide shortage. Furthermore, the rising prices of feed and chicken chicks additional make a contribution to the instability in pricing.
On 15 August, the Department of Livestock Services role the cost for every egg at Tk11.87 and for broiler chickens at Tk180 per kg. Nonetheless, retail stores and supermarkets are promoting eggs for up to Tk14.16 every, whereas broiler chickens are priced between Tk180-190.
Producers represent differing arguments with regards to the location. Marginal farmers notify that the cost cap is inflicting losses in consequence of the high prices of feed and chicken chicks, ensuing in increased manufacturing payments.
In inequity, company producers argue that the floods have brought on important chicken deaths on many farms, ensuing in a shortage of eggs and chickens, which is why prices live high. They tackle that “the cost of feed is cheap.”
The Bangladesh Poultry Affiliation, along with several govt regulatory companies, believes there is silent room for reviewing feed prices.
A document from the Department of Livestock Services states that the livestock sector has suffered losses of Tk435.32 crore in consequence of the floods, impacting farm infrastructure, chickens, and chicken feed.
The document indicates that bigger than 25.Forty eight lakh chickens have perished all over assorted farms, with the number affected in Chattogram, Sylhet, and Khulna divisions exceeding 46.51 lakh.
Producers notify that the deaths of a lot of of hundreds of chickens and the live in manufacturing have resulted in a pure decrease in the provision of eggs and meat. Nonetheless, they represent that overall manufacturing in the nation silent surpasses ask.
Suman Howlader, president of the Bangladesh Poultry Affiliation, acknowledged, “Even if the floods consequence in a decrease of 20 to 25 lakh eggs, it’s a ways no longer an self-discipline, because the on every day basis ask is 4 crore pieces, whereas previously, the manufacturing modified into as soon as 4.5 crore pieces of eggs.”
Howlader additional criticised company producers, asserting they sell a 50kg sack of feed to marginal farmers for Tk35,000-36,000 but to their gotten smaller farmers for Tk27,000, successfully permitting them to originate additional profits from the cost caps.
Kazi Zahin Hasan, director of Kazi Farms, acknowledged, “The prices of chicken and eggs are obvious by provide and ask. Floods have diminished the provision and brought available on the market ticket to expand. The egg ticket additionally increased after flooding in 2023, so it’s a ways no longer intellectual to ticket the the same manufacture after flooding this year.”
He added that Kazi Farms is silent promoting eggs on the ceiling wholesale ticket declared by the Department of Agricultural Marketing and that they sell broiler chicken beneath the govt.’s declared ceiling ticket.
Corporate farmers have claimed in media studies that whereas the govt. has talked about a loss of Tk400 crore, the divulge settle will likely exceed Tk1,000 crore. Around 80% of farmers in Cumilla, Chandpur, Feni, Lakshmipur, Habiganj, and Moulvibazar had been plagued by the floods, impacting almost 15,000 farms.
On 1 September, a gathering with all stakeholders in the poultry sector modified into as soon as held, chaired by Salehuddin Ahmed, adviser to the Ministry of Commerce. The assembly aimed to salvage opinions on the challenges coming up available in the market, manufacturing, and provide of eggs, chickens, and feed in consequence of the floods.
Department of Livestock Services Director Frequent Mohammad Reazul Haque acknowledged that there might be no longer a shortage in egg manufacturing, however the market remains unstable. Nonetheless, he presented doubtlessly misleading data about on every day basis egg manufacturing, claiming it to be 6.3 crore pieces.
Celebrated director overall of the Directorate of Nationwide Patrons’ Appropriate Security, AHM Shafiquzzaman, pointed out a ticket contrast of Tk3-4 from farmers to customers, suggesting that collaborative efforts also can bring egg prices all the vogue down to an inexpensive stage.
Wholesale egg traders in assorted markets in Dhaka have significant that mountainous company groups provide fewer eggs than demanded by dealers, additional utilizing up prices.
Furthermore, when issues about rising feed and chick prices were raised, Kazi Zahin Hasan defined that the expand in feed prices is linked to the rising fee of the greenback.
The secretary of the Ministry of Fisheries and Livestock and the chairman of the Trade and Tariff Charge have referred to as for a review of feed prices to motivate lower and stabilise egg prices.
