Poultry sector faces loss of Rs. 22,000 crore due to Covid-19
The Covid-19 epidemic has had a significant impact on the country’s livestock sector, with bottlenecks affecting demand.
Neeraj Kumar Srivastava, President of CLFMA India talks about the main challenges of the sector and how to solve them in order to improve industry incomes and farmers’ profitability.
The epidemic has affected the livestock sector:
Even before India announced the first incidence of Covid-19, rumors that poultry were the likely carriers of the virus began to circulate on social media, drastically decreasing demand for chicken meat in various parts of the world. countries in February-March 2020, and poultry price fell to Rs.4.5 per kg.
Government intervention and industry awareness campaigns supported the situation. Even as it stabilized, the market fell again in January due to fears of bird flu. This was followed by a 175% increase in soybean prices, which had a significant impact on farmers’ profitability. The poultry industry alone has reportedly lost over 22,000 crore due to the impact of Covid-19 and associated lockdowns.
Due to the pandemic, the poultry industry grew only 2-3% in FY20 (compared to an average annual growth rate of 7-8%) and declined from 4% to 5% during the year 21.
The industry is only expected to reach pre-Covid demand levels by the end of FY22, assuming Covid-related restrictions are lifted and institutional demand recovers. Institutional consumption represents more than half of aggregate demand.
Demand outlook for the feed sector in the next 2-3 years:
Srivastava said the demand outlook for the next 2-3 years looks excellent. According to a recent survey conducted by the Indian Market Research Office, protein deficiency affects more than 80% of the country’s population. Over 135 crore people need around 25-30 million tons of protein. Livestock provide 47-56% of protein requirements and 20% of energy requirements, and therefore plays an important role in meeting protein and energy requirements.
The gap between demand and supply of feed, feed and concentrates is a serious problem. This scarcity is due to an increased demand for land for production food grains, oil seeds and legumes, as well as insufficient attention given to forage crops.
Green fodder, dry fodder and concentrates deficits are expected to reach 40 million tonnes (mt), 21 million tonnes (mt) and 38 million tonnes (mt) by 2025, respectively.
Another challenge is the occurrence of disease. Diseases are expected to become more and more common, and biosecurity and control will be a major concern. Shortages of skilled labor and low productivity in the dairy industry are other sources of concern.
Suggestions for overcoming these challenges and making the sector resilient:
Srivastava said we need to improve food and grain production while making more efficient use of available land and forest areas. We should also be using technology, such as precision farming, to increase yields on every accessible farm. We should also find more efficient ways of raising meat and implementing efficient animal feeding programs.
He added that we should also limit the use of food crops for biofuels and review and allow the use of genetically modified grains to improve production per acre.
We need to focus our efforts on research, especially on how to provide adequate nutrition with little nutritional excretion or emission.