Chicken and egg sales within the nation have recovered considerably and are more likely to attain the pre-Covid ranges by March 2021 recovering from a battering the industry obtained on account of the pandemic and subsequent lockdowns that pressured farmers to cease operations, industry executives mentioned.
Mr. B.S. Yadav, MD, Godrej Agrovet, an animal feed company whose poultry arm, Godrej Tyson Foods, sells contemporary and frozen chicken mentioned that the ‘Chicken sales and egg production are back to about 75 per cent, eggs to 80 per cent and by March 2021, we will meet the pre-Covid level,’ he mentioned.
The improvement is driven by family demand whereas there may be some enchancment in gross sales to hotels and eating places, Yadav said.
This has helped out to move up the prices that had jumped through the early phase of the pandemic, mentioned Surinder Kumar Bhutani, the chairman for Delhi zone of the National Egg Coordination Committee (NECC).
‘There is a about 30 per cent rise in the egg prices from past 6 months. We have come a long way from organising chicken festivals where it was sold at good discounts and even free to the present prices of Rs 85-90 per kg. Prices will reach Rs 110-120 per kg by March end. Looking on the good returns, even farmers have regularly began the production of broiler birds and eggs,’ Mr. Bhutani mentioned. Low prices in month of March prompted many poultry farmers, merchants, and producers to stop the operations.
Suguna Poultry Farms’ chairman Mr. B. Soundararajan mentioned that the gross sales have been as much as 85 per cnet to 90 per cent of the pre Covid ranges. “There has been a great improve in home consumption which can additional rise within the winter months,” he mentioned and further added that steady prices of maize and soyabean feeds too will pave farmers to extend the production.
Prices of maize grains have come down from a excessive of Rs 24 per kg previous year to present prices of Rs 14 to Rs 17 per kg in several markets of Odisha and Bihar states mentioned Mr. Sunoor Kaul, the director of Origo Commodities, a buying and selling company. ‘At Rs 14-15 per kg, maize feed is easily offer able for stocking for returns and margins,’ Mr. Kaul mentioned.