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Egg Price Hike Is Blamed On Increased Price Of Poultry Feed

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  • Egg Price Hike Is Blamed On Increased Price Of Poultry Feed

    EGG PRICE HIKE IS BLAMED ON INCREASED PRICE OF POULTRY FEED

    YEREVAN, October 8. / ARKA /. The latest rise in the price of eggs
    in Armenia results from an increase in global prices of poultry feed
    and the reduced number of laying hens, Sergey Stepanian, head of the
    Union of Poultry Breeders of Armenia, told a news conference today.

    "During this year, the price of eggs went up by about 5 percent in
    February and then in the second half of August by 8-10 %. In both
    cases it was forced by an increase in the price of feed, particularly,
    corn and soybeans by 82 % to 62 % respectively," said Stepanian .

    He said the latest rise in price is also due to the reduction in the
    number of laying hens. In order to solve this problem , according to
    Stepanian, about 180,000 hens were brought in to the country.

    According to the National Statistical Service, the price of eggs in
    September 2013 went up by 38.6 % from September 2012. According to
    the statistics, the price of ten eggs in Yerevan in August was about
    720 drams ($1.7) against 543 drams ($1.3) in August 2012 . -0-

    - See more at:
    http://arka.am/en/news/economy/egg_price_hike_is_blamed_on_increased_price_of_pou ltry_feed/#sthash.xFizUwqe.dpuf


    From: Baghdasarian
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