Egg price hit all time high in Nepal

Kathmandu : The price of eggs has been high so far. The price has gone up after the production of chickens died due to disease.

Farmers say that even if the price goes up due to high cost, there will be no significant profit. According to Kiran Oli, central vice-president of the Nepal Egg Producers’ Association, the price of large eggs (30 eggs) has reached Rs 370 and medium eggs Rs 340 from today. The previous price has been increased by Rs 30 per crate.

According to Oli, the price of eggs had gone up to Rs 365 per crate four years ago. Even two months ago this year, the price of eggs reached Rs. 360 per crate. Farmers say that about 25 percent of the chickens have died due to H9 and Ranikhet diseases.

According to Oli, the daily production of 2.4 million eggs has dropped to 1.7 million due to disease. He said that even if the price goes up, it will not be able to benefit due to the decline in egg production.

The central chairman of the association, Shiva Ram KC, says that even though the cost price of eggs been fixed at 11.53 by the government, the current price has gone up to Rs 12.33.

Accroding to KC, farmers are not in a position to take advantage of the increase in the price of eggs as the price of raw material has gone up.

Shankar Kandel, senior vice-president of the Nepal Grain Industries Association, said that the price of soybean, which used to be Rs 64 per kg, has gone up to Rs 108.

Similarly, Hypo Soybean has increased from Rs. 70 per kg to Rs. 115 per kg. He said that the price of mustard, sunflower and other drinks has gone up by Rs 7 per kg. At the same time, the price has also gone up in transportation, said Kandel. He said that even though the price of grain would go up a lot based on the cost price, it would be difficult for the farmers to sustain it.

At present, the average price of layer grain is Rs. 60 per kg. Claiming that only one percent of the country’s GDP is covered by eggs, he said many farmers have been displaced due to lack of prices.

Two thousand seven hundred farmers have been raising layer chickens in Nepal.

Entrepreneurs say that more than two lakh people have got direct employment in these farms. Entrepreneurs say that more than Rs 125 billion has been invested in the poultry sector in Nepal.

(Source : Ratopati)