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HindustanTimes Fri,18 Apr 2014

Chicken price up 35% due to low supply, costly feed

Shaswati Das , Hindustan Times  New Delhi, September 23, 2013
First Published: 02:18 IST(23/9/2013) | Last Updated: 02:22 IST(23/9/2013)

After onions and tomatoes, poultry prices — primarily those of chicken — are marching north.

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Till last week, a kilo of chicken was retailing between `140-150 in the city. But, prices have now jumped up by nearly 35%, touching `200 for a kg.
 
Wholesalers attribute the rise to a drop in supply, bulk of which comes from Punjab, Haryana and Rajasthan. “Because of low profit margins, farmers have reduced the supply,” said Mohammad Arif, a wholesaler at Ghazipur Poultry Market.

The biggest reason for the hike in prices, say officials, is the rising price of soya, the main component of poultry feed.

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