Chicken Egg Price Stability

Listen to the voices of Thai people complaining from the beginning of the year until

Nowadays, it’s “expensive”, especially food that has been adjusted in price. The main reason is raw material cost energy cost And the cost of production factors and disease prevention continued to increase, 

which animal feed raw materials increased by as much as 30%. The important product was maize. directly affect The livestock sector depends on this type of raw material on average 50-70%, including broilers, layer chickens and swine, respectively. and those involved in the production chain have to increase the price

according to the market mechanism to be able to move forward with business without interruption

As for the food that is most accessible to people of all genders and ages around the world like “chicken eggs” in Thailand, whenever the price is adjusted, there will be complaints, while the agricultural sector is repressed with the cost increase. climb The price of chicken eggs, ask for some adjustments.

 As for the consumer sector, the latest from raising the price of assorted eggs in front of the farm by another 20 satang per egg, they cry out…again. or egg prices skyrocket It’s definitely difficult…even though, two months ago, the price dropped by 20 satang per bubble according to market forces, which the Trade Department The insiders confirmed that The price of chicken eggs increased by 20 satang from 3.40 baht per egg to 3.60 baht per egg.

The price of chicken eggs is adjusted according to demand-supply. consistent with cost production, especially animal feed And still do not exceed the price that the department supervise Both consumers and producers are in balance.

Thailand is one of the countries in the region where the price of chicken eggs is very accessible. Compared to Western countries, the average (regular) egg price per egg is higher than 5 baht, while the price of special-quality eggs is over 10 baht per egg. According to the quality and market mechanism of good quality, high price according to cost

Asked a 60-year-old man that In the past, how much was a chicken egg’s price? The answer received was no more than 1 baht per egg and it has been moving up until today. The same old man bought eggs at 4-5 baht per egg (fresh market price). Compared to the price of oil, the gold price has increased more than double. or product price Other types of food, such as vegetable oil, prices have increased ten times higher than chicken eggs, but consumers can accept the price. without complaining, instead looking at it as a necessary product

In spite of the price of chicken eggs in each period of the year, the price rises and falls according to the demand cycle, for example, during the school holidays, 

when the demand for eggs decreases, the price drops to 2.50 baht per egg. Buying is gone. Instead of buying whole packs of 30 eggs, they buy only 10 eggs. That’s enough to eat. People adjust their behavior according to their purchasing power. The opportunity to sell is further reduced…farmers have to bear the burden. stock and risk

As for laying hens, the heaviest is in 2022, bearing the burden of food raw materials costs. crooked animal Because the price has increased up to 30% due to the poisoning of the Russo-Ukrainian war, as we know that both countries are grain exporters and One of the top 5 largest animal feed raw materials in the world. In addition, the farmer must add an additional 20-30% additional protection against animal epidemics for the safety and good hygiene of consumers. The current farm price of assorted eggs is 3.60 baht/egg while the production cost is close to the farm price.

The government should take lessons from this time and apply various factors to improve and develop the agricultural and livestock sectors. of Thailand to ensure that the production is sufficient to meet the demand. The important thing is that the price should follow the market mechanism. because price stability is Farmers’ main motivations are their hopes, opportunities, and futures. instead of implementing control measures and Freeze the price until the dull-faced farmers use it to protect a group of people. Then causing trouble to many groups of people in the production chain. “Market mechanisms” used correctly will create stability, wealth and sustainability in the country’s food that should not be neglected.

If the government considers this crisis as an opportunity adjust the structure

The foundation of the new Thai livestock sector Set an important goal that is “price stability” as a priority to let farmers see bright opportunities at the end of the tunnel, when Thailand will truly achieve the goal of “Kitchen of the World”.