How does the price control for live chicken differ from cut chicken parts?

Question

Accepted Answer

Price Control Distinctions for Chicken

The price control mechanism implemented for the 2021 Aidilfitri Festive Season Maximum Price Control Scheme (SHMMP) specifically targets live chicken, standard chicken, and super chicken. This scheme, effective from April 21 to May 20, sets a maximum price of RM7.90 for standard chicken. Crucially, this price regulation is applied across the entire distribution chain, from farms to retail outlets, ensuring a consistent pricing structure for these specified forms of chicken.
Scope of Price Controls

The SHMMP for Aidilfitri explicitly focuses on live chicken, standard chicken, and super chicken. This means that whole chickens sold in their natural state are subject to the RM7.90 maximum price for standard chicken. The objective of this tiered pricing is to manage the cost of chicken during a period of high demand, with the minister indicating that all stakeholders in the distribution chain are expected to have made their respective profits within this framework.
Exclusion of Cut Chicken Parts

In contrast to the controlled whole chicken, the prices for chicken parts that have been processed and cut, such as breasts, legs, and thighs, are not subject to any price control under the current scheme. This distinction allows for market forces to determine the pricing of these specific cuts, reflecting potential variations in demand, processing costs, or other market dynamics for individual chicken components.
Rationale Behind Feed Cost Impact

The price control for chicken is partly a response to the rising costs of imported chicken feed, specifically maize and soya, which have seen increases since January. While the direct impact on cut chicken parts' pricing is not detailed, the overall cost of production for live chickens is acknowledged as a significant factor influencing the retail price. The ministry's engagement with farm owners and the Ministry of Agriculture and Food Industries (MAFI) aimed to establish a fixed price for standard chicken as a remedy.

Reading history

Hide →

This history is cleared when the page is closed.

How does the price control for live chicken differ from cut chicken parts?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends