Egg price will cross ₹6 in 15 days

A woman selling eggs at her retail shop in Salem on Tuesday.

A woman selling eggs at her retail shop in Salem on Tuesday. | Photo Credit: E. LAKSHMI NARAYANAN

The procurement price of eggs at Namakkal will cross ₹6 a piece in the next 15 days, Tamil Nadu Poultry Farmers Association (TNPFA) president K. Singaraj has said.

It has increased in the past few days, ruling at ₹5.50 a piece, the highest so far. In the retail market, it has touched ₹6 in Salem. “Customers are surprised to know that a piece costs ₹6. The traders supplying to us say the price may increase in the coming days,” says Shanavas, who runs a grocery shop at Hasthampatti.

Mr. Singaraj told The Hindu that the 1,100-odd poultry farms in Namakkal produce 4.5 crore eggs a day. Of them, 1.25 crore eggs are sent to Kerala, 45 lakh are supplied for the noon-meal scheme, 40 lakh are sent to Bengaluru and the rest are supplied to various parts of Tamil Nadu. Last year, 5 crore to 6 crore eggs were produced a day. The feeding cost went up after COVID-19. One kg of maize, which cost ₹16 last year, has increased to ₹28. The cost of labour, fuel and maintenance has also gone up, Mr. Singaraj adds.

“All over the country, the number of chickens has come down by 40% because of the cost increase,” he said. Many sold the chickens and did not buy new ones for producing eggs. We are spending ₹4.80-₹5 on producing a single egg. If only the procurement price is fixed above ₹5 will we be able to continue the business. After the summer, consumption increased by 10%. There is no reduction in consumption because of the price hike. Within the next 15 days, the price may touch ₹6 and increase further, “ he said.

Subsidising the fodder is the only way to reduce the price, he added.

Our code of editorial values

  1. Comments will be moderated by The Hindu editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.

Printable version | Jun 29, 2022 12:39:28 am |