KUALA LUMPUR: The Cabinet has agreed on Wednesday (Feb 9) to present a subsidy of 60 sen per kg to poultry farmers, by bearing in mind the farm-level worth of dwell chickens at RM5.90/kg and the retail worth of ordinary rooster at RM8.90/kg.
Agriculture and Food Industries Minister Datuk Seri Dr Ronald Kiandee, in an announcement, stated the Cabinet additionally agreed to present a subsidy of 5 sen per egg from all classes.
“The subsidy interval is from Feb 5 to June 4, which is throughout the implementation of the Keluarga Malaysia Maximum Price Control Scheme (SHMKM),” he stated.
According to Kiandee, the aim of the subsidy is to ease the burden of farmers following the rise in prices, particularly for feed, which covers 70% of manufacturing prices aside from logistics, labour, utilities and medicines.
He additionally hoped that the federal government’s intervention by way of the supply of subsidies to farmers would stabilise the availability and be certain that the folks may purchase rooster and eggs at inexpensive costs.
He stated the estimated monetary implication to the federal government to implement rooster and egg subsidies nationwide over the four-month interval was RM528.52mil.
He stated his ministry, by way of the Department of Veterinary Services, would additionally proceed to maintain engagement periods with the trade to guarantee it stays sustainable and in a position to meet the native demand. – Bernama
