7 October 2024 10:17 pm Views - 440
Colombo, October 7 (Daily Mirror) - After a decrease in tourist arrivals and an excess supply of eggs resulted in a reduction in market prices, the All Island Poultry Farmers' Association has called for a stabilization of poultry feed prices.
“Due to the excess supply of eggs, the market price has reduced to below the cost of production. Therefore we have asked for a stabilization of prices of poultry feed, or we may risk poultry owners no longer supplying eggs,” President of the Association Ajith Gunasekera said.
A reduction in tourists arrivals and the reduced demand from consumers had resulted in the prices of eggs falling, leading to excess supply in the market, Gunasekera said.