As chicken price crosses ₹260 per kg, poultry industry seeks import of soybean meal to tide over crisis
The Hindu
Farmers attribute rise in price to shortage of poultry feed
MYSURU Concerned over the sharp surge in prices of soybean, one of the chief constituents of poultry feed, the Karnataka Poultry Farmers and Breeders’ Association (KPFBA) has urged the government of India to immediately step in and allow the import of soybean meal. Attributing the rise in retail price of chicken beyond ₹260 per kg to the shortage of poultry feed, KPFBA President Dr. Sushanth Rai said the cost of production of chicken almost doubled in less than a year, mainly on account of the surge in poultry feed cost. The price of soya, which was ₹35 per kg last year, had more than doubled to ₹80 per kg. The price of maize had increased from ₹15 per kg to ₹25 per kg, making it difficult for poultry farmers to source quality feed.More Related News