Indonesia: Chicken meat prices soared during the Christmas and New Year period, but farmers admit losses, how come?

Published 2022년 12월 30일

Tridge summary

During the Christmas and New Year period, the price of chicken meat increased by 0.53% to IDR 37,800 per kilogram, as reported by the National Strategic Food Price Information Center (PIHPS). Despite this, chicken farmers are suffering losses as their production costs exceed the selling price of the chickens. The high cost of chicken feed, which makes up 70% of production costs, is a major factor contributing to these losses. The secretary general of Gopan, Sugeng Wahudi, suggests that the price of chicken feed should be reduced to IDR 8,000 per kilogram to decrease production costs for farmers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Reporter: Lailatul Anisah | Editor: Herlina Kartika Dewi KONTAN.CO.ID - JAKARTA. The price of chicken meat increases during the Christmas and New Year period. According to the National Strategic Food Price Information Center (PIHPS), the price of chicken rose 0.53% to IDR 37,800 per kilogram (kg). Even so, chicken farmers actually admit to experiencing losses because the farmer's production capital is above the selling price of the chickens in the cage. "The price of live chickens in cages is currently around Rp. 18,000 even though the capital is up to Rp. 20,000, until here farmers are losing money," said Secretary General (Gopan), Sugeng Wahudi to Kontan.co.id, Friday (30/12). In fact, if you refer to the Regulation of the Minister of Trade (Permendag) the price of a normal chicken in a cage should be up to IDR 21,000 per head. Sugeng said that the drop in chicken prices at the farmer level was due to several reasons. First, there has been an increase in the price of chicks ...

Source: Kontan