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After going through the roof, chicken prices cool off - The Hindu BusinessLine
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Chicken price skyrocketing in Kerala
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Broiler chicken prices drop by 35% in Kerala
April 26, 2021
Lockdown curbs, reduced offtake by Ramdan Iftars precipitate the situation After the drop in commodities prices, it is now the turn of broiler chicken to be affected. The rates have started a southward movement in Kerala, reporting a 35 per cent drop in a week.
Farm gate price of live birds is hovering in the range of ₹97-99 per kg against ₹150 in April 17 and farmers rearing broiler chicken attributed the factors to the subdued consumer demand in the Covid-19 pandemic period.
The major impact for them is the subdued demand from Ramdan Iftars in which the consumption has come down by almost 50 per cent in the wake of restrictions in organising group receptions by religious organisations as part of concluding the fasting. Catering to the Ramadan demand, majority farmers have reared enough stock of live chicken and they are now forced to feed these birds amid spiralling feed prices.