Poultry business faces loss of Rs 18 billion « Khabarhub
Tuesday, July 23rd, 2024

Poultry business faces loss of Rs 18 billion


11 February 2020  

Time taken to read : 2 Minute


  • A
  • A
  • A

CHITWAN: The poultry business has come across a staggering loss of Rs 18 billion in the last year. The poultry farmers saw a loss in the transaction of eggs, chicks, and meat.

Farmers did not get production costs when there was an excessive supply of poultry products in the market.

Nepal Poultry Federation vice-chair Tikaram Pokharel said the farmers have faced loss in poultry products during the year. According to him, a chick which generally costs Rs 55 on average was sold out at Rs 25 last year.

Farmers had to experience a loss of Rs 35 in each chick.

He further informed that the farmers have to sustain a loss of Rs 4.72 billion when they were compelled to sell their chicken at lower prices.

Similarly, the farmers had to bear a loss of Rs 3.45 billion in the transaction of eggs in the year. The loss was also noticed in other production areas such as layers, broilers, and chicks.

It is noted that 10 percent of poultry business entrepreneurs have quit the profession due to a huge loss in the year. —

Publish Date : 11 February 2020 13:38 PM

High water levels in Kathmandu Valley rivers prompt cautionary measures

KATHMANDU: The Department of Hydrology and Meteorology’s Weather Forecast Division

Economic Digest: Nepal’s Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of

Dengue outbreak spreads to Nepal’s 73 districts

KATHMANDU: Dengue infection has spread widely across Nepal, affecting 73

Women’s Asia Cup: Nepal playing against India today

KATHMANDU: Nepal is playing against India in a crucial match

Rainfall and cloudy weather expected today

KATHMANDU: The country remains under the influence of monsoon winds,