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Abnormal price hike of poultry chicks

Our Correspondent | Tuesday, 17 June 2008


CHITTAGONG, June 16: Despite bringing the poultry sector under a special facilities network in the recently announced budget, due to greed of a section of hatchery owners, price of even one-day old poultry chick has jumped to Taka 40 in Chittagong.

On the other hand, the poultry farmers are being deceived regularly while buying poultry feeds which are low in quality and have flooded the local markets. As a result expected growth of poultry chicks is not attained and consequently the owners of the poultry farms are incurring huge financial losses, concerned sources said.

According to the district livestock office sources, once there were around 3500 poultry farms in Chittagong. But due to bird-flue menace, fifty per cent of the farms were closed. With the spiralling price of poultry chicks and feeds, a large number of poultry farms have also been closed down in Chittagong. Price of a one-day old chick is not supposed to exceed Taka 20 but it rose to Taka 40.

District livestock office sources further said the local markets are already flooded with poultry feeds of inferior quality. However, the concerned authority is mulling to procure poultry feed from the market and examine the same in the laboratories.

For developing the livestock sector, the government has brought poultry farming under tax-holiday network and gave duty exemption for importing equipment, medicines and vaccines in the recently announced budget.

Some poultry farmers told this correspondent that within a period of two weeks price of poultry chicks increased sharply.