Why did egg prices rise and fall?
The price of eggs multiplied like a shot when the recent hike in fuel costs. the value of every egg went up to Tk twelve within the retail markets across the country. However, the value began to fall inside a couple of days.
Farmers aforesaid the value of chicken feed and drugs has nearly doubled, that eventually pushed up the assembly price. within the face of losses, several ar currently reducing the amount of chickens in their farms, making a crisis within the offer chain.
The value of eggs isn’t directly connected to the fuel price hike. The farmers aforesaid body pressure and falling market demand forced them to lower the value.
Noting that the poultry trade is on the brink of destruction, they conjointly aforesaid the intercessor firms can get pleasure from the only authority within the coming back days and folks can don’t have any selection however to shop for eggs at the value fastened by the businesses.
Farmers of acid, Durgapur, Puthiya and Charghat upazilas in Rajshahi sell their eggs within the wholesale market at Moselmer Mor on the bypass road within the town. Moslemer Mor Dim Aarat Samiti, AN association of egg traders, determines the value of eggs in accordance with alternative components of the country.
The traders aforesaid once the availability of eggs decreases, they receive varied calls from totally different components of the country, as well as national capital, Satkhira, Kishoreganj, Chattogram and Khulna. the value rises throughout high demand and it’s nothing to try and do with rising oil costs.
The farmers, World Health Organization were investigating losses for long, started creating profit recently, however this disorder snapped the gaining streak, they added.
Farman Ali, a chicken farmer of Parila village in acid upazila, had a complete of seventy,000 chickens in his farm a couple of years agone. however he reduced the amount to around fifteen,000.
Farman Ali aforesaid that they had to sell every egg at Tk three.10 in 2017. They protested the low value, destroying the eggs in public, however it absolutely was not lined by the media properly. however a Tk a pair of rise in value created a buzz within the country. Raid of mobile courts, pressure from the administration and anti-egg campaign within the social media- all started at a time.
He conjointly claimed that he’s currently investigating a loss of Tk one.5 in every egg because the authorities fastened the egg costs at Tk eight.20 (white) and Tk eight.60 (brown).
Stating that several farmers ar deed the business, Farman Ali supplementary, “Intermediary firms can are available in the longer term. they’ll fix {the value|the worth|the value} and folks are forced to shop for at the fastened price.”
Sreepur of Gazipur is that the country’s prime egg manufacturing zone. Farmers here aforesaid the value of poultry feed multiplied by forty per cent within the past six to seven months, thus did the drugs value. The industrialists ar dominant the market through their syndicates.
Aminul Karim, a chicken farmer, told Prothom Alo that the fastened value of eggs can discourage the farmers. {the value|the worth|the value} can come back down if the chicken feed price is reduced.
He alleged that syndicates ar destroying the trade.
President of Sreepur poultry farm house owners association Abdul Matin aforesaid they will cut back the egg value by Tk zero.50 if the chicken feed value is lowered by Tk one.
“We earn Tk zero.25 per egg through labor and investment whereas the farmers in city earn Tk a combine of to Tk 3 per egg,” he said.
Farmers in Tangail conjointly came up with similar remarks and alleged that the traders ar increasing chicken feed and drugs costs through syndicate in phases.
Mr.Rantu
Course:Advance Data entry
Mentor:Md.Habbibbur Rahman