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Thai government approves 10 satang ex-farm chicken egg price increase

Thai government approves 10 satang ex-farm chicken egg price increase

14 Sept 02:24 Key points summarised by AI
  • Thailand's Internal Trade Department approved a 10 satang increase in ex-farm chicken egg prices, setting the new price at 3.20 baht per egg, effective immediately.
  • This approved increase is half of the 20 satang proposed by egg farmers, as the department prioritized consumer protection while acknowledging farmer costs.
  • The department recognized rising production costs, especially for animal feed like maize, but anticipates relief from upcoming harvests and eased import restrictions.
  • Additional measures include temporarily suspending the standard feed production formula to allow more wheat imports and mitigate maize shortages.
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