Price of local egg likely to fall below Rs. 35 during festive season

At present, the price of an egg in the local market is between Rs. 42 to Rs. 48.

Some individuals and groups have issued various statements to the media that the price of a local egg will increase to Rs. 100 during the Sinhala and Tamil New Year festival season.

But due to the long-term policy decisions taken by the Agriculture and Plantation Industries Ministry, domestic egg production has now exceeded the total daily requirement. On average, the daily requirement of eggs in this country is 6.5 million. According to the Association of Egg Producers, the production of eggs in local poultry farms has already exceeded 7.5 million.

Also, although the number of mother hens needed annually in this country is 85,000, the number of mother hens in all poultry farms has exceeded 135,000. All poultry farms have 100 percent chick capacity.

Also, all the poultry farms that were closed during the Covid-19 epidemic are now active.

Therefore, the price of a local egg is likely to decrease by more than Rs. 35 in the coming festive season, Agriculture and Plantation Industries Minister Mahinda Amaraweera said.

The Minister said that steps will be taken to supply chicken meat and eggs to the market without any shortage, especially during the Sinhala and Tamil New Year season, and consumers will have the opportunity to get chicken meat and eggs at a minimum price.

The Minister emphasized these facts at a discussion held at the Agriculture and Plantation Industries Ministry last Friday (29) regarding the price of chicken and eggs during the festive season.

The post Price of local egg likely to fall below Rs. 35 during festive season appeared first on DailyNews.

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