Price of day old chickens up 300%

Price of day old chickens up 300%

YOGYAKARTA: Hundreds of poultry breeders in Yogyakarta province
may go bankrupt as the price of day old chickens has increased
threefold following the bird flu outbreak recently.

Heru S. Akhwan, the secretary-general of Yogyakarta Poultry
Breeders Association, said on Tuesday that before the bird flu
outbreak hit the country, the price of day old chickens stood at
Rp 700. "But now, day old chickens cost Rp 2,000 each," he said.

The increasing price of day old chickens has forced 30 percent
of the 500 poultry breeders in Yogyakarta into bankruptcy, and
others could follow suit if the price continues to rise, he said.

The price increase is due to breeders reducing the supply of
day old chickens after the bird flu outbreak. -- JP