The Ministry of Agriculture in Malaysia sees stable chicken and egg supplies in the first quarter of 2023

Published 2023년 3월 1일

Tridge summary

The Malaysian government has predicted a surplus of 16.85 million chickens and 119.86 million eggs in the first quarter of 2023, while the estimated demand is 75 million chickens and one billion eggs per month. The Agriculture and Food Security Ministry has approved 18,880 applications for subsidies worth RM1.69 billion for chicken farmers and egg producers to help cover increased production costs.

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Original content

KUALA LUMPUR (March 1): The government has estimated the average monthly supply of chickens to show a surplus of 16.85 million and eggs to show a surplus of 119.86 million, during the first quarter of 2023 (1Q2023). Agriculture and Food Security Minister Datuk Seri Mohamad Sabu said this compares with the estimated requirement of about 75 million chickens and one billion eggs per month during the period. Therefore, the ministry projects the supply of chicken and eggs to be stable during the quarter, Mohamad said in a written parliamentary reply on Tuesday (Feb 28). The minister also updated that a total of 18,880 applications for RM1.69 billion in subsidies have been approved for chicken farmers and egg producers as of Feb 15. On Feb 16, Mohamad had said 1,638 applications had been approved from the start of the ...

Source: Theedgemarkets