Home » Bird flu outbreak dents rooster gross sales in India, hits farmers | India News

Bird flu outbreak dents rooster gross sales in India, hits farmers | India News

by newsking24

MUMBAI/BENGALURU: Broiler rooster costs in India have fallen by nearly a 3rd in per week with consumption dropping after an outbreak of avian influenza was reported in six states, business officers advised Reuters.
The sudden drop in demand and costs is compounding the woes of thousands and thousands of small poultry farmers in an business that solely not too long ago began to get better from the coronavirus outbreak-led disruption that hit gross sales throughout 2020.
“Demand has fallen nearly 30%,” mentioned Uddhav Ahire, chairman of Anand Agro Group, a poultry firm based mostly within the western metropolis of Nashik.
Broiler rooster costs have fallen to 60 rupees ($0.8192) a kg from round 90 rupees per week in the past, he mentioned, including that farmers are incurring losses because the manufacturing value is greater than 75 rupees.
Avian influenza, also referred to as fowl flu, was reported within the states of Madhya Pradesh, Rajasthan, Himachal Pradesh, Kerala, Haryana and Gujarat earlier this week.
The central and state governments have been attempting to allay client fears, saying consumption of rooster and eggs is protected after cooking.
“The industry might see some temporary disruption, but we don’t see this to be a long term phenomenon and this might correct itself in a period of 15-20 days,” mentioned Prasanna Pedgaonkar, normal supervisor of poultry-focused Venky’s , which has seen its shares slide greater than 10% this week.
Egg costs have additionally fallen by greater than 10% in per week as small farmers attempt to promote their produce as rapidly as doable, fearing an additional drop in costs, mentioned a poultry farmer who declined to be named.
India’s poultry business suffered heavy losses final yr due to unfounded social media hypothesis that chickens contributed to the unfold of the coronavirus, whereas lockdowns to include the virus squeezed demand.

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