This has been the assurance given by the Poultry Association of Trinidad and Tobago, whose president, Robin Phillip, said there are no plans to increase the price in the near future.
“With the current increase in the price of feed on the global market, it is difficult for poultry producers to run a profitable business. However, they do not have any plans to raise their prices, but if the price of feed continues to increase, then they eventually might have to,” Phillip said.
“The price was $5.50 per pound at this same time last year. However, this year, its $5.25 per pound We expect this will not continue as we are coming out of the oversupply, as well as, the price of grains are a lot higher this year,” Phillip said.
“This initiative will benefit cattle and goat farmers. Chickens need corn, wheat and soya meal, which we do not produce,” Phillip said.
“Egg is not a major raw material in the business, except for speciality products, however, there might be a slight increase to the customer,” Aaron said.
(Parts of this article were written with content submitted in a NewsDay publication)