Soaring prices of feeds severely hit poultry sector
Mahmuda Shaolin | Friday, 15 August 2008
Soaring price of poultry feeds has thrown another blow to the country's bird-flu affected poultry sector as the overall prices of feeds have almost doubled over the last one year pushing the production cost roughly by 20 to 40 per cent.
"The prices of both raw and complete feeds have increased by 50 per cent in the local and international markets during the last one year and this has pushed our businesses to a critical situation as the poultry sector is still struggling to recover from losses caused by bird flu," Technical Adviser to Bangladesh Poultry Industries Association (BPIA) M M Khan said.
At the same time, other costs like transportation, salaries for workers and electricity increased by a considerable extent during the last one year.
According to the BPIA, prices of buck raw ingredients including soyabean/meal have jumped to Tk 38 -Tk 40 in 2008 from Tk 20-22 in 2007. Corn/maize and rice polishing are selling at Tk 12.50 -Tk 14.50 and Tk 15 -Tk 16 per kg respectively whereas their rates were Tk 12 and Tk 8- Tk 9 respectively in 2007.
Besides, prices of the complete feeds for broiler and layer have also increased to Tk 24.50 -Tk 25 per kg and to Tk 22.50-Tk 23 respectively in 2008 against the rates of Tk 16.50- Tk 17 and Tk 17- Tk 18 per kg respectively in 2006.
On the other hand, prices of commercial chick and one-day chick, have increased abnormally. A broiler chick is selling at Tk 38 while a layer at Tk 20, which were Tk 35 and Tk 25 respectively in 2007.
According to BPIA, salaries for workers have increased by Tk 2,000 to Tk 7,000 in 2008 from Tk 5,000 in 2007.
Transport cost also increased significantly and a farm owner is now paying on an average Tk 7000 per truck against Tk 4500 a year ago.
The industry, worth nearly $1.0 billion in annual sales, was severely affected by bird flu and around 8,50,000 chickens of 270 farms in 43 districts were culled in March last year and nearly 55 per cent of the country's 1,50,000 poultry farms had been closed.
"The prices of both raw and complete feeds have increased by 50 per cent in the local and international markets during the last one year and this has pushed our businesses to a critical situation as the poultry sector is still struggling to recover from losses caused by bird flu," Technical Adviser to Bangladesh Poultry Industries Association (BPIA) M M Khan said.
At the same time, other costs like transportation, salaries for workers and electricity increased by a considerable extent during the last one year.
According to the BPIA, prices of buck raw ingredients including soyabean/meal have jumped to Tk 38 -Tk 40 in 2008 from Tk 20-22 in 2007. Corn/maize and rice polishing are selling at Tk 12.50 -Tk 14.50 and Tk 15 -Tk 16 per kg respectively whereas their rates were Tk 12 and Tk 8- Tk 9 respectively in 2007.
Besides, prices of the complete feeds for broiler and layer have also increased to Tk 24.50 -Tk 25 per kg and to Tk 22.50-Tk 23 respectively in 2008 against the rates of Tk 16.50- Tk 17 and Tk 17- Tk 18 per kg respectively in 2006.
On the other hand, prices of commercial chick and one-day chick, have increased abnormally. A broiler chick is selling at Tk 38 while a layer at Tk 20, which were Tk 35 and Tk 25 respectively in 2007.
According to BPIA, salaries for workers have increased by Tk 2,000 to Tk 7,000 in 2008 from Tk 5,000 in 2007.
Transport cost also increased significantly and a farm owner is now paying on an average Tk 7000 per truck against Tk 4500 a year ago.
The industry, worth nearly $1.0 billion in annual sales, was severely affected by bird flu and around 8,50,000 chickens of 270 farms in 43 districts were culled in March last year and nearly 55 per cent of the country's 1,50,000 poultry farms had been closed.