Egg prices drop in India
After experiencing record highs in recent weeks, the
price of eggs in India have dropped suddenly by around 15 percent, owing to
surplus stock becoming available in the past week.
The high prices were attributed to non-replacement of old layer birds and
huge rise in input costs.
The Namakkal region produces on an average 2,100,000 units of eggs per day,
which declined to 1,500,000 units after the bird flu outbreak. Birds that were
culled because of bird
were nor replaced in equal numbers.
After the declaration of India as 'bird flu free region' in August, egg
prices surged to alarming levels. In response to the surging demand, farmers
began placing extra chicks on their farms, all of which matured to egg-laying
age and began laying at the same time, resulting in the current
Prices may also be affected by the commencement of the Sabarimalai festive
season, popular in all four southern states, where devotees favour vegetarian
food for 45 days.
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