Poultry prices, demand skyrocket during Ramadan in Jordan

Poultry prices, demand skyrocket during Ramadan in Jordan

PHOTO

Prices of poultry have skyrocketed during Ramadan due to an increase in demand as well as an increase in the prices of chicken feed, according to the Poultry and Feed Investors Association (PFIA).

“The demand for chicken increased by 40 per cent during the last week,” PFIA President Abdel Shakoor Jamjoum told The Jordan Times on Tuesday.

Jamjoum added that the daily average local demand for chicken does not usually exceed 700,000 chickens, but during the past week the market saw a demand that surpassed the numbers that chicken farms can provide.

He said the average demand for Ramadan has so far exceeded 900,000 chickens a day.

Prices of chicken feed have also increased dramatically as a result of the eastern European crisis, Jamjoum said.

He said maize used to be sold for JD200 a tonne, while it is now only sold for JD350 a tonne. Soybeans are now sold for JD560 a tonne, while they used to be sold for JD300 a tonne.

The government has set a price cap of JD1.65 per kilo for chicken to be sold to citizens, Jamjoum said, but PFIA expects the demand to drop by the end of this week.

He advised the public to “be rational” and buy quantities