An employee inspects an egg in an incubator at an hatchery in Mangaon, south of Mumbai on Feb 2, 2015.MUMBAI — India is set to export a record 50 million eggs this month, boosted by sales to Malaysia, where there have been acute shortages as soaring feed prices caused by the Ukraine war forced many small-scale farmers to cut output, industry officials said.
To secure egg supplies as prices rose to record highs, Malaysian Minister of Agriculture and Food Security Mohamad Sabu earlier this month visited Namakkal, in the southern Indian state of Tamil Nadu, where several leading hatcheries are based. The outbreak of highly pathogenic avian influenza, commonly called bird flu, has curtailed supplies of eggs and chicken in many countries around the globe, pressuring already high food prices and triggering trade restrictions from countries that import poultry.
Meantime, prices in India have shot up to a record 565 rupees per 100 eggs, up by nearly a quarter on year ago prices and adding to domestic concerns over food price inflation.
Source: News Formal (newsformal.com)
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