Here’s why chicken, egg prices have gone up in Pakistan ...palestine

Chicken and egg cost more now because of the anti-competitive prices of the poultry feed mills, the Competition Commission of Pakistan (CCP) enquiry report revealed Monday. The enquiry into the poultry industry revealed that 19 poultry feed companies have been involved in price coordination and their anti-competitive conduct has caused a rise in the price of poultry feed. Poultry feed comprises approximately 75% to 80 % of the cost of broiler meat and eggs. Therefore, the hike in feed prices has affected the prices of chicken and eggs—the most commonly consumed high protein foods in the country. The CCP’s enquiry revealed that from December 2018 to December 2020, the feed mills w

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