Chicken production falls by 44% in Bolivia

Published Nov 10, 2020

Tridge summary

Small and medium-sized chicken producers in Bolivia have seen a 44% drop in production due to the closure of 40% of farms and an increase in the price of soybean meal and hulls. This has led to a scarcity of poultry meat in the markets, causing the price to rise significantly. The high production costs and the unavailability of credits for bankrupt producers further exacerbate the situation. The high cost of solvent soybean meal, which is essential for poultry feed, is also contributing to the rise in chicken prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Due to the closure of 40 percent of farms and the increase in soybean meal and hulls, small and medium-sized chicken producers in Bolivia lowered their production by 44%. The little supply caused the price to rise, and in the markets a kilo of poultry meat is sold between 15 and 17 bolivianos. The low production is due to the fact that about 40 percent of the 2,500 farms were closed after the quarantine. This was due to the fact that the price of chicken plummeted due to the oversupply that caused producers to sell a kilo even at 3.5 bolivianos, when their production cost was more than 6. The cost to the final consumer reached 8 bolivianos on kilo. “The increase in the price of chicken is always a function of the availability of the product in the market. 40 percent of our farms have stopped producing and 80 percent of the farmers ran out of capital and the farms cannot be repopulated, ”said the representative of the medium and small chicken producers, Héctor Cordero. To this is ...

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