April 17, 2014
Myanmar's poultry prices soar 133%
Myanmar's price of chicken has swelled by 133% to reach US$7.26 per 1.6 kilogrammes from US$3.11 in January brought about by high temperatures which are killing off livestock in the country and have forced local chicken prices up due to short supply.
"This season, demand is up and beef, fish and pork have also risen in price," said U Myo Thant, General Manager of the Myanmar Livestock Federation, adding that though seasonal temperatures affect meat prices, 2014 has proven to be particularly bad for the market.
"The numbers being bred have not fallen, but their weight is down," said Livestock Federation Vice President Daw Hla Hla Thein, adding that three birds now weigh the same as two under normal conditions.