Hatchery Farms See Relief as Chick Prices Finally Cover Costs After Two Years of Losses
Summary
After two years of losses, hatcheries in Chitwan are now able to sell broiler and layer chicks at or above cost price, bringing relief to the struggling poultry industry.
Key Points
- Chicks produced by hatcheries in Chitwan are now sold at or above cost prices after two years of losses.
- Broiler chicks sell for NPR 90 and layer chicks for NPR 160, compared to cost prices of NPR 65 and NPR 120 respectively.
- Over 250 broiler and four layer hatcheries have shut down, with only 100 broiler and 10 layer hatcheries currently operating.
- The halt in chick imports from India and decreased local production have contributed to market stabilization and price increase.
