Pakistan’s high poultry prices stem from 2008 recession

Industry asks government to waive 5% duty on chicken stock imports

Reports say the high poultry prices in Lahore, Pakistan, stem from a recession in 2008 that forced the closure of many poultry farms that produced grandparent stock.

During the economic downturn, demand for poultry was low and chicken feed rates increased.

Pakistan Poultry Association representative, Khalil Sattar, predicted a continued downward trend in the industry saying prices may dip below production costs in 2011 and 2012.

Sattar called on the government to waive the 5% duty on chicken stock imports to reduce poultry prices for consumers.

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