August 27, 2010

Pakistan faces US$94-million poultry damage

The recent floods in the country have resulted in up to PKR8 billion (US$94 million) damage to the poultry sector, Pakistan Poultry Association (PPA) North Zone Chairman Raza Khursand said.

"Exact estimates of losses will be possible only after the clearance of water because many areas of the country are still inaccessible. Tentatively, the industry has suffered a loss of PKR7-8 billion (US$82-US$94 million) besides bringing the production process to a complete halt in the affected areas for the next six months," Khursand said.

He further added that, "The consumption of poultry, especially chicken has been also decreased in the flood-hit areas because focus is on basic foods items."