The prices of eggs are rising in many states of the
country due to a nationwide drop in production in the country. According
to an industry estimate a 20 to 30 per cent decline in production is
expected in this summer. Although the consumption of eggs usually go
down between March and May, this time the drop in production is pushing
up the prices of eggs and it ranges between Rs 360 and Rs 385 for 100
units in major producing states like Andhra Pradesh, Tamil Nadu, West
Bengal and Maharashtra.
However, the production of eggs is expected to rise from current 7,500 crore to 9,000 crore eggs by 2015.
V R Sainath, zonal chairman, Bangalore zone, National Egg Coordination Committee (NECC) said, “Usually in summer the consumption of egg reduces and the reason the prices of eggs decline. Consumption of the eggs depends upon the metropolitan cities like Kolkata, Mumbai, Delhi and Chennai and they only decide the pricing. Bangalore don't play any roles in fixing the egg prices but we depends upon the metropolitan cities. But now the prices of eggs have increased in Bangalore and it is attributed to low production of eggs in initial months of this year. Vegetables rates are also quite low so the consumption of eggs have reduced. We are the fourth largest producer of egg in the world and our production will increase more till 2015. But from January and February month the production have gone down by 20-30 per cent.”
“The prices of eggs are increasing and the present cost of eggs in Nagpur is Rs 360-370 for 100 eggs. But due to the cheap rate of vegetables people are not consuming eggs. In Nagpur 2kg of tomatoes is available at Rs 10 that so why people go for tomatoes instead of eggs. The low prices of vegetables have effected the prices of eggs by 30-40 per cent in Nagpur,” informed Suresh R Walde, market surveyor, NECC, Nagpur.
Sanjeev Chintawar, senior manager, NECC, Hyderabad said, “Andhra Pradesh is the number one state in production of eggs and it produces 2800 crore eggs every year, and it accounts for the highest share of over 30-40 per cent in the total egg production across the country. The prices of eggs are increasing due to low production but some day it decline due to less prices of vegetables. So the rates of eggs keep on fluctuating due to various factors. In Andhra Pradesh, the prices of eggs fall by 5-12 per cent and it is attributable to the fall in the prices of vegetables and a marginal increase in their supply.”
He added, “The farmers in every winters reap good returns on the back of increased consumption and strong demand from other states. But after winter, the prices start declining due to less consumption.”
Harshad Sharma, regional officer, Ahmedabad Zonal Committee, NECC, said, “The average monthly price of eggs, which was high in January 2014, witnessed a sharp decline till 18th February 2014 and now again the prices of eggs have increased due to less production of eggs.”
“And the sudden fall in the prices of vegetables in the last few months could have prompted people to consume vegetables, and this could have partly contributed to a fall in the prices of eggs,” he added.
Sharma stated, “Between March and June, the prices exhibit volatility due to a demand oscillation of 20 per cent. For farmers to break even, prices have to stay well above Rs 300 (for every 100 units).”
M Subramanyam, regional officer, Chittoor, NECC, said, “Many farmers were attracted by good returns in the last three months, and with the extended winter in North India, many farmers opted against culling the birds for chicken in February. This led to a 10 per cent increase in supply.”
“No new players are entering the Indian egg sector due to falling margins and high feed costs. Even after the fixation of the minimum support prices (MSP) for soybean and maize at Rs 2,500 and Rs 1,300 per quintal, they are available at Rs 3,500 and 1,600 per quintal respectively,” he added.
Atul Mahajan, managing director, papaak.com (poultry price monitor), informed, “The predominantly-unorganised poultry sector could easily be subjected to price volatility by a bunch of traders and wholesalers.”
He added, “Due to the lack of cold storage facilities and short shelf life of eggs, farmers from many states incurred losses every year.”
“The price of eggs comes under pressure and the demand falls in March and April, recovers slightly in May, and post-June, they begin to stabilise,” Mahajan stated.
Arun Kumar Das, incharge, NECC, West Bengal said, “In West Bengal the prices of eggs depend upon the demand and suppy of it. Presently the prices of eggs in Bengal is quite high and 100 eggs are costing Rs 375.”
However, the production of eggs is expected to rise from current 7,500 crore to 9,000 crore eggs by 2015.
V R Sainath, zonal chairman, Bangalore zone, National Egg Coordination Committee (NECC) said, “Usually in summer the consumption of egg reduces and the reason the prices of eggs decline. Consumption of the eggs depends upon the metropolitan cities like Kolkata, Mumbai, Delhi and Chennai and they only decide the pricing. Bangalore don't play any roles in fixing the egg prices but we depends upon the metropolitan cities. But now the prices of eggs have increased in Bangalore and it is attributed to low production of eggs in initial months of this year. Vegetables rates are also quite low so the consumption of eggs have reduced. We are the fourth largest producer of egg in the world and our production will increase more till 2015. But from January and February month the production have gone down by 20-30 per cent.”
“The prices of eggs are increasing and the present cost of eggs in Nagpur is Rs 360-370 for 100 eggs. But due to the cheap rate of vegetables people are not consuming eggs. In Nagpur 2kg of tomatoes is available at Rs 10 that so why people go for tomatoes instead of eggs. The low prices of vegetables have effected the prices of eggs by 30-40 per cent in Nagpur,” informed Suresh R Walde, market surveyor, NECC, Nagpur.
Sanjeev Chintawar, senior manager, NECC, Hyderabad said, “Andhra Pradesh is the number one state in production of eggs and it produces 2800 crore eggs every year, and it accounts for the highest share of over 30-40 per cent in the total egg production across the country. The prices of eggs are increasing due to low production but some day it decline due to less prices of vegetables. So the rates of eggs keep on fluctuating due to various factors. In Andhra Pradesh, the prices of eggs fall by 5-12 per cent and it is attributable to the fall in the prices of vegetables and a marginal increase in their supply.”
He added, “The farmers in every winters reap good returns on the back of increased consumption and strong demand from other states. But after winter, the prices start declining due to less consumption.”
Harshad Sharma, regional officer, Ahmedabad Zonal Committee, NECC, said, “The average monthly price of eggs, which was high in January 2014, witnessed a sharp decline till 18th February 2014 and now again the prices of eggs have increased due to less production of eggs.”
“And the sudden fall in the prices of vegetables in the last few months could have prompted people to consume vegetables, and this could have partly contributed to a fall in the prices of eggs,” he added.
Sharma stated, “Between March and June, the prices exhibit volatility due to a demand oscillation of 20 per cent. For farmers to break even, prices have to stay well above Rs 300 (for every 100 units).”
M Subramanyam, regional officer, Chittoor, NECC, said, “Many farmers were attracted by good returns in the last three months, and with the extended winter in North India, many farmers opted against culling the birds for chicken in February. This led to a 10 per cent increase in supply.”
“No new players are entering the Indian egg sector due to falling margins and high feed costs. Even after the fixation of the minimum support prices (MSP) for soybean and maize at Rs 2,500 and Rs 1,300 per quintal, they are available at Rs 3,500 and 1,600 per quintal respectively,” he added.
Atul Mahajan, managing director, papaak.com (poultry price monitor), informed, “The predominantly-unorganised poultry sector could easily be subjected to price volatility by a bunch of traders and wholesalers.”
He added, “Due to the lack of cold storage facilities and short shelf life of eggs, farmers from many states incurred losses every year.”
“The price of eggs comes under pressure and the demand falls in March and April, recovers slightly in May, and post-June, they begin to stabilise,” Mahajan stated.
Arun Kumar Das, incharge, NECC, West Bengal said, “In West Bengal the prices of eggs depend upon the demand and suppy of it. Presently the prices of eggs in Bengal is quite high and 100 eggs are costing Rs 375.”
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