Chicken prices in B.C. could increase after proposal approved by farm board
Global News
The BC Chicken Marketing Board brought forward the proposal and said it’s a 'new pricing formula' and not a price increase.
The price of chicken in B.C. could climb higher due to a decision made by the province’s farm industry review board.
The board approved a proposal that will impact the farm-level price of poultry, which could lead to higher costs for consumers at the grocery store and when dining out.
The BC Chicken Marketing Board brought forward the proposal and said it’s a “new pricing formula” and not a price increase.
“The pricing formula is based on cost recovery for an efficient grower of BC chicken,” said Woody Siemens, the BC Chicken Marketing Board’s executive director.
“The chicken board sets the minimum farmgate price, the price a farmer receives for growing chicken.”
The board said it does not control retail prices, restaurant prices or prices set by processors.
“Under supply management, farmers receive a set price for the food they produce, which represents a fraction of the final price,” Siemens said.
Siemens said the largest cost for chicken farmers is the price of feed, which has increased substantially for farmers.