Chicken, egg prices fall below cost
In Taiwan, chicken and egg prices have fallen below production costs
because of increased chicken imports and the extremely hot weather, according to
the Department of Animal Industry under the Council of Agriculture
Officials at the department have urged consumers to buy and eat more local
chicken and eggs after the unit retail price for eggs dropped to less than NT$2
(US$0.06), and indigenous chickens to only NT$120 (US$3.68).
officials said that the prices of chickens eggs rallied sharply in the first
half of last year, prompting local chicken raisers to actively boost their
output. This, in turn, caused chicken and egg prices to drop, especially in
April and May.
At the moment, domestic livestock raisers can supply
18 million chicken eggs per day, exceeding the normal market demand by 5
percent. As a result, the retail price offered by some local suppliers is only
NT$19 for per 10 eggs, translating into less than NT$2 for per
Local farmers can also currently supply 2.1 million indigenous
chickens per week, again esceeding normal demand by 5 percent. This, coupled
with the lingering hot weather, has made sales of indigenous chickens a
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