September 29, 2021

 

Policies developed to keep Malaysia's chicken prices affordable, says ministry

 

 

Malaysia's Domestic Trade and Consumer Affairs Ministry (KPDNHEP) said short-, medium- and long-term policies has been formulated in the 12th Malaysia Plan (12MP) to ensure that chicken price is always stable and affordable.

 

Minister Datuk Seri Alexander Nanta Linggi said all this has been discussed in the 12MP and the ministry has engaged with industry players and stakeholders to get various options and action plans.

 

Answering an additional question from Pasir Gudang MP Hassan Abdul Karim about the policies in 12MP on the matter in Dewan Rakyat on September 28, Nanta Linggi said the increase in chicken prices is due to various factors, mainly the price of chicken feed such as corn and soy which is almost 100% imported.

 

He added that KPDNHEP is always looking for the best solution to help farmers with their problems.

 

Nanta Linggi said the ministry has been involved with the Agriculture and Food Industries Ministry (Mafi) and the Federation of Livestock Farmers' Association of Malaysia to discuss solutions including providing soft-loan facilities for two to three years to help the industry maintain sufficient chicken production. This is also to address the issue of rising chicken production costs due to higher prices of imported food components without disrupting chicken prices.

 

Other methods were also discussed and the ministry was of the view that they could be adapted to current needs.

 

Responding to Hassan's original question, he said the price of chicken is monitored at all times to ensure that it does not jump and traders do not try to raise prices to reap excessive profits.

 

The setting of controlled prices through the Festive Season Maximum Price Scheme is also one of the government's measures to ensure that prices do not soar during the festive seasons.

 

The ministry took a proactive approach to engage and discuss with traders at the retail level. Based on this direct involvement and negotiation, a total of 508 premises have made price reductions nationwide to below RM9.50.

 

Pontian MP Datuk Seri Ahmad Maslan also had two supplementary questions for Nanta Linggi, the first on the number of those who were taken to court and fined following the recent issue in chicken prices that went up five times in a week, and on when Malaysia will produce its own chicken feed.

 

The minister responded that he did not have the exact figure of how many have been brought to court and assured that KPDNHEP did not see this method as the best way to deal with the issue.

 

- The Malaysian Reserve