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Chicken price drops to Rs 215 per kg

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KATHMANDU, May 23: Poultry entrepreneurs have further lowered chicken prices in the market, citing over supply in the market. With the fresh revision in prices, chicken is selling for Rs 215 per kg, down from Rs 230 per kg recorded a week ago.



A meeting of Kathmandu-based poultry entrepreneurs held a couple of days ago took the decision to lower prices, according to Gokarna Ghimire, president of Poultry Farmers´ Association, Kathmandu. [break]



Poultry farmers will now get Rs 150 per kg for live chicken, Rs 10 per kg less from what they were receiving earlier. Consumers will get live chicken for Rs 160 per kg.



Feed industries have also lowered the price of Class A feed to Rs 1,475 per 50 kg from Rs 1,550 per 50 kg. The price of Class B feed has been lowered to Rs 1,465 per kg from Rs 1,535, while the price of Class C feed has been fixed at Rs 1,450 per kg.



Ghimire further complained that farmers were suffering huge loss as hatcheries have yet to lower chick prices even though prices of poultry products have been declining sharply. Hatcheries have been selling broiler chicks for Rs 65 per head and layer chicks for Rs 70 per head.



He expected poultry prices to go further down as farmers do not want to keep chicken in farms for long due to high mortality rate during hot summer days.



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