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Midagri: in June, the price of chicken fell more than 16% on average

Midagri: in June, the price of chicken fell more than 16% on average

In the last 3 months, the price of chicken in the retail markets of metropolitan Lima it reached peaks of more than S/13 per kilogram, mainly in April. As of May, a reversal in the upward trend was observed, and in June prices were below S/10 per kilogram, according to the Ministry of Agrarian Development and Irrigation (Midagri).

Consequently, the chicken gutted was one of the products that most influenced the consumer price index last month, registering a 16.47% reduction in value, according to the National Institute of Statistics and Informatics (INEI).

In addition, other poultry products such as chicken breast and chicken leg also experienced a considerable decrease in their prices, with reductions of 9.02% and 9.03%, respectively.

  Inflation in Lima for May reached 7.89%, the lowest in 14 months.  Photo: Andean<br />   ” title=”  Inflation in Lima for May reached 7.89%, the lowest in 14 months.  Photo: Andean<br />   ” width=”100%” height=”100%” loading=”lazy”></div>
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Inflation in Lima for May reached 7.89%, the lowest in 14 months. Photo: Andean

forecasts

The director of the Association of Poultry Producers (APA), Pedro José de Zavala, explains that the period of higher chicken prices was specifically influenced by two factors.

In the first place, he mentions the road blockade in Puno, which made it difficult for vital inputs such as soybeans to pass from Bolivia to feed the birds. On the other hand, the outbreak of bird flu that affected some breeding farms, altering the supply of this meat.

On this last point, he warned that the farms are still in the process of recovering their production. “The recovery is slow. Currently, the price is going up and down depending on the number of chickens that producers are putting on the market,” he said.

On the other hand, according to De Zavala, the future behavior of chicken prices will depend on adequate supply and market demand. “If a correct supply is maintained, it is possible that prices tend to decrease“, he stressed.

Although he indicated that factors such as the decrease in the dollar exchange rate and the drop in the price of some commodities could favor a drop in prices.

However, he stressed that any change in the situation, such as the return of migratory birds with bird flu, could generate significant variations. The director of the APA also added that the days of protests announced for this month could cause the rise in chicken prices.

Data

Volume. Yesterday they sold around 1,854 tons of chicken eviscerated in metropolitan Lima.

Prices. marketing value retail was S/10.59 per kg. The wholesale price was S/7.12 per kg.

Chicken price variation in recent months

Infographic - The Republic

Infographic – The Republic

Source: Larepublica

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