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After Kolkata, Pune has recorded the best egg costs within the nation with business consultants saying that higher-than-usual costs would proceed as there’s a sharp 10-15 per cent decline in manufacturing.
Eggs in Kolkata’s wholesale market are priced at Rs 6.50, a lot larger than in different cities within the nation. At Rs 6.44 per piece wholesale costs in Pune are the best the town has seen within the final 12 months. Retail costs of eggs in Pune now vary from Rs 7-7.50/piece.
Wholesale costs in cities like Ahmedabad (Rs 6.39), Surat (Rs 6.37), and Vizag (Rs 6.25) are additionally within the larger than regular vary.
For a lot of the calendar 12 months 2023, egg costs have been beneath the Rs 6.10 vary in wholesale markets. This uptick in egg costs comes on the onset of a slight chill when consumption goes up considerably.
On common, the nation consumes 30 crore eggs per thirty days.
Prasanna Pegaonkar, General Manager, Venkateshwara Hatcheries, mentioned the current worth hike was a results of sustained losses the business had gone via. “Due to losses, many of the layer companies (egg manufacturers) have either shut down or reduced their production,” Pegaonkar mentioned.
Given the longer lifecycle of layer birds, the manufacturing of eggs may not come up rapidly. Farmers procure one-day-old (ODC) chicks from breeds and lift them for the subsequent 42-45 days. The birds begin laying eggs and proceed to take action for the subsequent 18 months, after which they’re changed.
Poultry farmers have mentioned the drought within the peninsular a part of the nation and better feed prices have seen many layer gamers exiting the enterprise. Given the longer time cycle, manufacturing figures aren’t anticipated to come back up any time quickly which is able to see egg costs stay on the upper facet, they’ve mentioned.
© The Indian Express Pvt Ltd
First uploaded on: 07-01-2024 at 12:53 IST
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