November 1, 2010

India's poultry sector rises amid the North-East monsoon

The Indian poultry sector had to go through a brief break for the last three months, but, currently, it is starting to rise with the commencement of the North-East monsoon along with the Diwali demand.

During this week, the wholesale prices of eggs rose since the National Egg Coordination Committee's zonal committee increased the prices of eggs by 15 paise to INR2.65 (US$0.0887) a piece.

Moreover, since the austere festivities have almost come to an end, the use of eggs in Tamil Nadu, Kerala, Karnataka and Andhra Pradesh have started to rise.

NECC said that the egg prices will increase some more due to the winter season during which the consumption of poultry products usually rises.

Meanwhile, the last highest wholesale rate for the shell egg in the State was in June 2010 at 272.57 for 100 eggs when the rate was INR2.70 (US$0.0904) a piece.

NECC has also raised the rates for the layer birds to INR42/kg (US$1.41) from INR40/kg (US$1.34) whereas Palladam-based Broiler Coordination Committee fixed the prices of live chicken at INR53/kg (US$1.77) from INR51 (US$1.71).

Namakkal and Palladam are the benchmark of Indian poultry prices.

During last week, the prices of broiler in the northern markets have increased by about 20%-25% as a result of the supply crunch on incessant rains.

Poultry is a category of domesticated birds kept by humans for the purpose of collecting their eggs, or killing for their meat and/or feathers.

These most typically are members of the superorder Galloanserae (fowl), especially the order Galliformes (which includes chickens, quails and turkeys) and the family Anatidae (in order Anseriformes), commonly known as "waterfowl" (e.g., domestic ducks and domestic geese).