Peru: Chicken price nationwide reaches S/ 13 in markets

Published Mar 4, 2023

Tridge summary

Chicken prices in Peru have surged by 24.7% in the last three months due to a combination of factors, including a decrease in supply caused by a shortage of soybeans and an outbreak of bird flu. The soybean shortage is a result of road blockades in the south of the country, limiting its availability from Bolivia. The bird flu outbreak has led to a reduction in egg production by 10%. These challenges have increased the cost of chicken production, resulting in higher retail prices. However, there is hope for improvement soon with the authorization of the avian flu vaccine by Midagri and Senasa.

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

Original content

In the last three months, the wholesale price of chicken has increased by 24.7% or S/1.60 per kilogram. It went from around S/6.62 on December 1, 2022 to S/8.22 yesterday, March 3. This increase has been more accentuated in the retail markets of metropolitan Lima where the meat of this bird is sold for up to S/12.5 per kg. The increase in this food, one of the main foods in the Peruvian diet, is explained by the reduction in supply due to the shortage of inputs such as soybeans that have not been able to enter the country due to the blockade of roads in the south. , indicates Pedro José de Zavala, director of the Peruvian Poultry Association (APA). "The soy that the chickens eat comes from Bolivia and since the Desaguadero highway has been closed, they have not been able to pass through," he mentions. He adds that the scarcity of this product has slowed growth and raised the cost of producing the bird. According to Midagri, imports of soybean meal from the highland country ...

Source: Larepublica