Sri Lanka importing chicken from Brazil

(July 01, 2010) The controlled price of a kilo of chicken is Rs. 350 but it is often sold at higher prices scot-free. Chicken price has escalated despite price control as the traders have raised prices of the products with value addition.

Giving up the self-imposed price control on chicken, Sri Lanka government has decided to import 3000 metric tons of chicken to balance the shortage in the market and to regulate the escalating prices.

Sri Lanka presently produces only 9000 metric tons of chicken per annum while the annual consumption is 12,000 metric tons.

The Minister of Cooperatives and Internal Trade Johnston Fernando says that the government will maintain the monopoly of importing chicken to protect the local producer and to regulate the market.

The imports are to be made from Brazil. Cooperative Wholesale Establishment (CWE) is to market the imported chicken via its network of outlets.

Sri Lanka's poultry industry is highly dependent of imported inputs that cause inevitable escalation of production cost.

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Posted in Brazil , chicken , poultry , price control , Sri Lanka