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Chicken Farms Suffer Losses Due to Excess Output, Price Decline

Chicken Farms Suffer Losses Due to Excess Output, Price Decline Chicken Farms Suffer Losses Due to Excess Output, Price Decline

Excess production and price decline have inflicted losses amounting to 11 trillion rials ($79.13 million) on Iranian chicken farms over the past four months, the head of Iran Broiler Breeders Union’s board of directors said.
Boroumand Chahar-Aeen added that the losses are expected to reach 12 trillion rials ($86.33 million) by the end of the current fiscal year (March 19), Young Journalists Club reported.
“There is going to be a production surplus of 80,000 tons in the current Iranian month [Jan. 21-Feb. 19] as well as in the next one (Feb. 20-March 19),” he said.

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