Pakistan

Chicken prices likely to rise across Pakistan

Published by
Staff Reporter

ISLAMABAD: The poultry sector in Pakistan has warned that the chicken business could face severe shutdowns if current economic pressures continue.

Farmers face operational challenges because their expenses for essential poultry feed have reached unmanageable levels, according to industry representatives. Poultry feed accounts for roughly 70–80 % of total production cost, and its price has sharply increased because corn and soybean meal prices have risen. Producers told the media that many small farms are struggling to maintain operations because they cannot cover feed and medicine prices.

Farmers in certain regions have stopped their operations of raising new chicks. The poultry industry bodies have issued a warning that government price caps on chicken meat will cause greater financial losses, which will result in increased farm closures because producers cannot achieve sustainable selling prices.

Pakistan’s poultry sector requires policy changes, which must include cost reduction measures and input price stabilization to prevent further industry decline and chicken shortages with increased prices in marketplaces.

Staff Reporter

Recent Posts

IMF projects higher inflation than government’s target

ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…

11 minutes ago

PM Shehbaz condemns attacks on KSA, reaffirms Pakistan’s solidarity

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday strongly condemned the recent attacks on Saudi Arabia,…

30 minutes ago

Gold prices drop by Rs5,600 per tola in Pakistan

KARACHI: The gold prices in Pakistan have been reduced to Rs 424,136 following a reduction…

2 hours ago

When will Safar moon be sighted? SUPARCO predicts

ISLAMABAD: According to Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), the new moon of…

3 hours ago

11 died as house collapses in Kohat after heavy rains

KOHAT: A residential house collapsed due to heavy rain in the Malgin area of ​​Lachi…

3 hours ago

Alternative to the Strait of Hormuz Ready: UAE Decides to Build New Port

ABU DHUBAI: The United Arab Emirates has prepared a plan to establish a new multi-purpose port…

3 hours ago