Chicken prices in the domestic market are bound to increase, otherwise many producers will be forced to close down, says the CEO of the National Union of Chicken Farmers.
“The problem now is that supply exceeds demand and this is the main reason why we are forced to sell for less than our end prices. Farmers spend around 450,000 rials [$1.3] to produce each kilo of chicken, yet the government has set the market price at 280,000 rials [$0.82],” Habib Asadollah-Nejad was also quoted as saying by the news portal of Iran Chamber of Commerce, Industries, Mines and Agriculture.
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