Boiling Egg Prices Amid Growing Demand
Since eggs are among the foods that strengthen the immune system to fight against the dreaded coronavirus, a majority of citizens have made them part of their daily diet. As the egg contains nutrients such as proteins and vitamins, its demand has increased during the current pandemic situation.
Due to its growing demand and the shortage of supply, the price of eggs has skyrocketed and an egg is sold at prices between 6 and 7 in the city market. Consumers face problems because some eggs are spoiled due to excessive heat.
A supermarket chain in Marripalem in the city recently sold six eggs for ₹ 50. The daily consumption of eggs in the Visakhapatnam area, which includes the districts of Visakhapatnam, Vizianagaram and Srikakulam, is estimated at 40 lakh. Almost half of this amount is consumed in the city of Visakhapatnam, according to poultry industry sources.
The price at which an egg is sold on the dairy farm was around 6 a few days and retailers normally sell eggs at around 1 more than the farm gate price as they have to bear the cost of transportation and incidental costs, in more to keep some profit margin.
The cost of poultry feed has increased sharply this year. Soybean meal, which was sold at 35 per kg, is sold at 75 per kg and maize, which was 1,400 per kg last year, has now grown to 1,750. Egg production normally decreases by around 20% in summer, as poultry consume less food due to the heat, explains G. Ramakrishna Chowdari, executive member of the National Egg Coordinating Committee (NECC).
“The ban on the sale of chicken, mutton and fish in recent Sundays has also resulted in a huge demand for eggs. Prices depend on demand and supply, ”says Bharanikana Rama Rao, executive member of NECC.