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Poultry sector active again.

4 posters

Go down  Message [Page 1 of 1]

1Poultry sector active again. Empty Poultry sector active again. Tue Oct 22, 2013 1:21 am

ddrperera


Vice President - Equity Analytics
Vice President - Equity Analytics

wt u think guys....

2Poultry sector active again. Empty Re: Poultry sector active again. Sat Oct 26, 2013 4:31 pm

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ddrperera wrote:wt u think guys....
Poultry sector currently not doing well at all. August, Sept & Oct so far very bad. Live weight price of chicken in Sept 2013 was Rs 160 / kg (as a comparison in Sept 2012 it was Rs 230 / kg & Sept 2011 it was Rs 260 / kg). As at Sept 2013, over 3000 metric tons frozen chicken lying in cold storages of Broiler Processors (such as Bairaha, Grains and others etc), unsold due to a drop in demand and perhaps increase in supply ? Input prices (feed, electricity, transport, exchange rate) all unfavourable recently. Breeder Farms (TAFL) must be selling DOC (Day Old Chicks) below cost.

3Poultry sector active again. Empty Re: Poultry sector active again. Sat Oct 26, 2013 6:30 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

I heard that in Ja-ela area, a massive farm has been setup by a big person (i.e. minister) and his production price of 1kg chicken is below 200 where as for small scale farmers, the cost is 225/-. This is becuz all these small scalar farmers have to buy chicks, food and vitamins outside where their cost would be around 225/- if 1000 chickens are grown. So their profit is any sales beyond 225/-.

Chicken prices in the country is a bit stabilized and small scaler farmers stay away from production till the prices go up as its a loss for them to sell now since there are no buyers for their cost.
In near future, the production is going to be low as output from these farmers are halted. Therefore, the prices can go up.

4Poultry sector active again. Empty Re: Poultry sector active again. Sat Oct 26, 2013 6:43 pm

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics

I don't have chicken shares.Above negatives want matter for share price movement.Chickens will also go up.

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