Rapid Summary
- Namakkal,Tamil Nadu,dubbed the ‘egg city’,has over 1,600 poultry farms producing six to seven crores of eggs daily. Eggs are distributed across Tamil Nadu, Kerala, Karnataka and exported to Oman, Qatar, and the UAE.
- The National Egg Coordination Commitee (NECC) in Namakkal sets egg prices daily based on production and demand.Recently, for nearly three months until now (July 27), egg procurement prices fluctuated between ₹5 and ₹5.75 before dropping to ₹4.50 per egg due to a consumption decline during Sawan festival season in six north Indian States.
- Retail market prices had peaked at ₹7 earlier this year but have now reduced considerably amid seasonal market changes and competition-prevention efforts from traders.
- Chairman of the Tamil Nadu Poultry Farmers Marketing Society claims middlemen have purchased eggs below the fixed price (₹4.10 per egg), leading poultry farmers to incur critically important losses estimated at ₹8-₹9 crore overall or about ₹1 per egg lost in revenue.
- TNPFA President highlights a decline in consumption (30%-40%) during Sawan festivities as a key contributor; indicates possible continuation of low pricing for another month.
Indian Opinion analysis
The price dip reflects broader seasonal variations influenced by cultural festivals like Sawan coupled with economic dynamics such as middlemen interventions affecting fair compensation for producers. While reducing prices may help prevent cross-state competition within Tamil Nadu markets postured tactically-it has caused financial strain on farmers reliant upon steady margins tied toward non-discount intervals implying potential risks should sustained instability persist shortsightedly longer extensions . Moreover aforementioned strategic ecosystem indirectly underscores agri-steady central discussions future frameworks affirms namakkalian…