Chicken Rates Could Hit Rs1,000 per kg in Coming Days
According to Chaudhry Muhammad Ashraf, Chairman of the Pakistan Poultry Association (PPA), chicken prices in Pakistan could increase to Rs1,000 ($6.50) per kilogram in the coming days due to a shortage of feed.
Ashraf stated that around a dozen containers carrying 750,000 tons of soybean and canola, essential ingredients for poultry feed, are currently stuck at the port due to “technical issues from the government”, despite payments being made.
The PPA has already consumed its usual 15-day to one-month supply of soybean and feed makers have informed farmers that they do not have the product available.
The PPA has decided to protest to the government in an effort to resolve the issue and prevent a potential shortage of chicken in the market. If the issue is not resolved, consumers in Pakistan could face record high prices for chicken in the coming month.
