Understanding the Pricing of Broiler Chickens
Understanding the Pricing of Broiler Chickens
Broiler Rate: Understanding the Pricing of Broiler Chickens
Broiler meat is the most demanding meat all over the world, and as this meat is an essential part of many dishes worldwide and is always in high demand so its farm production and price fluctuations play an important role in the global poultry industry. Broiler rates are announced by the local authorities who determine them by several factors, including supply and demand, poultry feed prices, meat processing costs, and market competition of supply of the meat. we will explore in detail what factors influenced broiler rate is, and how it is evaluated.
What is Broiler Rate?
Broiler rates depend on the price of broiler flocks sold in the market. It is the cost that end users pay for buying a kilogram of broiler meat. The broiler rate is determined by different factors, like farm production costs, meat processing costs, poultry feed prices, market demand, and meat supply to the market. Depending on the local market demand and supply broiler rates may vary in different regions.
Factors Affecting Broiler Rates.
Several factors influence the price of broiler chickens. Here we will explore in detail some basic factors:
Production Costs.
Production costs are the expenses poultry farmer bear in raising broiler chickens for slaughtering. It consists of the cost of poultry feed, day-old chicks, vaccines, farm medication, farm labor, farm utilities, and other all farm inputs. Farm Production costs depend on the type of poultry farm production system, like whether is it a conventional poultry farm, organic, or the latest cage system. High production costs will get higher broiler rates for consumers.