ECONOMYNEXT – Sri Lanka has seen stronger demand for processed chicken leading a higher prices for day old broiler chicken, a top poultry group said, while farmers reduced layer chick purchases as egg prices dropped. “The Group recorded higher revenue during the quarter under review, primarily driven by stronger demand for Broiler Day-Old Chicks (DOCs) and continued growth in processed chicken sales,” Three Acre Farms, a unit of Sri Lanka’s Ceylon Grain Elevators said. “However, increased volatility in table egg prices caused by market oversupply has led to a decline in demand for Layer DOCs. “Group profitability improved significantly during…
Sri Lanka sees higher chicken meat demand, strong supply reduces eggs prices
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