Australian poultry prices expected to rise
The price of
chicken meat in Australia is
expected to rise as drought
results in an increase in the price of grain - a significant production
cost for the country's chicken farmers.
"The two predominant grains in chicken feed
, wheat and sorghum, account for approximately 65% of the feed, with corn, barley, oats, proteins and vitamins making up the balance. With the unprecedented rise in the cost of grain, chicken producers are experiencing a substantial increase in production costs," said executive director Dr Andreas Dubs.
The price of chicken meat has progressively decreased over the past 40 years. The drought , however, has caused the prices to rise, due to the effect of the drought pushing global wheat prices up to a 10 year high, as well as international grain prices, imports will also be discouraged.
For related websites or more information:
Australian Bureau of Agricultural and Resource Economics
The Cooperative Research Centre (CRC) for the Australian Poultry Industries
Australian Chicken Meat Federation
For the latest poultry news, subscribe here
To comment, login here
Or register to be able to comment.