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Dramatic increase in egg prices

18 August 2020 08:21 pm - 18     - {{hitsCtrl.values.hits}}

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The price of eggs that plunged to their lowest level of ten rupees during the lock-down, has shot up sharply during the past few days.

All Ceylon Egg Producers' Association (ACEPA) President Sarath Attanayake told Daily Mirror the poultry farmers in the Northern Western Province were finding extremely difficult to supply eggs to the market because of the excessive price of forage including that of maize.

“A kilo of maize which was sold at Rs.55 has now risen to Rs.85. It is near impossible for poultry farmers to buy maize at such exorbitant prices," he said.

“Maize is one of the main ingredients making up 45% of the feed which consists of 17.7% protein fed to hens daily. The increase price of Maize results in the rising price of eggs.”

However, Mr.Attanayake said they distributed eggs for free among pregnant mothers and children during the curfew period.

“We also agreed to supply a sufficient quantity of eggs for food processing at quarantine centres," he said and added that the price of eggs would drop to an acceptable level in another two weeks while it is vital for the Government to provide maize at a reasonable price to poultry farmers.

Vendors said the retail price of eggs was currently Rs.23.50 while in certain areas it had increased to Rs.24 or 25.

The average consumption of eggs per day is 8.5 million. However, the daily consumption of eggs has reduced by 30 percent.

The reasons like declining poultry in larger proportion in farms, suspending the importing hens to breed and excessive prices of forage (animal food), have influenced in ending up the price in such a degree. (Sheain Fernandopulle)


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  Comments - 18

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  • Vinodh Wickremeratne Tuesday, 18 August 2020 07:47 PM

    Eggcellent

    Chux Tuesday, 18 August 2020 08:25 PM

    Everything is going wrong for the so called strong leader who does not understand any subject shame

    Common Man Tuesday, 18 August 2020 09:42 PM

    Encouraging local production and establishing self sufficiency in food is vital. Hon. President is on the right path.

    varuna Wednesday, 19 August 2020 06:35 AM

    Hi Common man, Self-sufficiency in food is a "myth". No country in the world could produce everything it needs. "Self-sufficiency" is a buzz word to hoodwink people and allure votes during election times. Please study "economic theory, both micro and macro", before making naive comments. Kindly wake up from your dream and face reality. Thank you.

    roni Tuesday, 18 August 2020 08:28 PM

    Get the minister to appoint a committee and waste more resources, then term it as some type of sabotage.

    Dee Tuesday, 18 August 2020 09:15 PM

    I think all of us, so called 'intellects' should start laying eggs!

    Rukmal seneviratne Tuesday, 18 August 2020 09:25 PM

    this is just the beginning. Wait and see what will happen in times to come.

    Saranga Walimuni Tuesday, 18 August 2020 09:34 PM

    Important restrictions comes at a cost People comment here don't understand basic economics

    warren Wednesday, 19 August 2020 06:39 AM

    Precisely! The fundamental problem in Sri Lanka is 99.99% of Sri Lankans do not have even a basic idea of economic theory.

    Mahesh Tuesday, 18 August 2020 09:54 PM

    Even chicken sold in farm shops are around 650 per kg now. Earlier it was around 500. Everything is going up rapidly.. Check the prices of biscuits too, you will notice about Rs 10-30 hike in price..Expect more increases guys !

    Raj Tuesday, 18 August 2020 10:03 PM

    Time to to think about Organic / Free Range Chicken Farms. More healthier products!

    raj Wednesday, 19 August 2020 12:08 AM

    may be these chicken are afraid of laying eggs after Rajapaksas came to power (this comment is just for laugh)

    Buddhist Wednesday, 19 August 2020 12:18 AM

    When Yahapalana Govt came to power prices dropped, unfortunately SLPP govt increased prices.

    sss Wednesday, 19 August 2020 01:22 AM

    However the producers may be still paid the old price. The same go with other farmers too. They are forever poor while the nation is nourished by them. Shameful

    Sunil Wednesday, 19 August 2020 03:05 AM

    The people voted for this govt so they can’t complain when they hike prices etc. This govt has all their “Rob” money...they will never understand how putting up prices affects the general public

    ravin Wednesday, 19 August 2020 03:29 AM

    Though many have not mention/admit that due to lock down of the country and drop of prices of eggs during that period the farmers may have cull the stock to keep their cost down. It was not unique to our country and has had happened in many countries.Further due to uncertainty they may have not invest on fresh stocks as well. At the same time market forces may have contribute to increase in price as well. ,

    PALANIANDY MAHESHWARAN Wednesday, 19 August 2020 09:09 AM

    Increase in egg price we can't complain the egg farmers 45% of the production cost depends on corn

    Maqs Wednesday, 19 August 2020 09:34 AM

    To pay the perks of the Minister for Eggs!!!


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