Business

Average production cost of broiler chicken at RM6.53 in Sept: DoSM

Eggs record RM0.48 in same month, says chief statistician

Updated 3 years ago · Published on 30 Dec 2022 5:33PM

Average production cost of broiler chicken at RM6.53 in Sept: DoSM
Datuk Seri Mohd Uzir Mahidin says among the biggest components in the production cost of broiler chicken were poultry feed (65.1%) and purchasing cost of day-old chicks (16%). – SYEDA IMRAN/The Vibes file pic, December 30, 2022

KUALA LUMPUR – On average, the production cost of broiler chickens in Malaysia was recorded at RM6.53 per kg, while eggs recorded an average production cost of RM0.48 in September this year, according to the Statistics Department.

Chief statistician Datuk Seri Mohd Uzir Mahidin said assuming 5%, 10%, and 20% of profits from the production cost, the farm price of chicken per kg can be in a range of RM6.86 to RM7.84.

“The profit margin of chicken per kg at the wholesale level was recorded at RM1.30, while the profit margin of chicken per kg at the retail level was RM1.25,” he said in a media statement on the Report of Special Study on Production Cost of Chicken and Egg 2022 today.

For eggs, Uzir said assuming 5%, 10%, and 20% of profits from the production cost of eggs, the farm price of eggs can be in a range of RM0.50 to RM0.58 per egg.

“The profit margin per egg at the wholesale and retail levels were recorded at RM0.04 and RM0.02, respectively,” he said.

Uzir said among the biggest components in the production cost of broiler chicken were poultry feed (65.1%) and purchasing cost of day-old chicks (16%).

“The cost of poultry feed also differs according to the types. For broiler chicken, the average cost of poultry feed for the starter type was RM132.04 per 50kg, while the grower and finisher types were RM129.71 per 50kg and RM126.96 per 50kg, respectively.

“Starter-type chicken feed is usually more expensive due to its higher nutrient content and suitability for chick growth,” he said.

For layer chicken, the average cost of poultry feed for starter types was RM131.57 per 50kg, while grower and finisher types were RM117.08 per 50kg and RM115.10 per 50kg, respectively.

“During the study, the purchasing cost of day-old chicks (broiler) in Malaysia recorded an average of RM2.12 and RM3.32 for a day-old chick (layer). The price of chicks usually changes depending on the current market,” he said.

Uzir said the composition of production cost for chicken eggs was 96.9% of direct cost and 3.1% of indirect cost, of which 76.2% of the costs was the cost of poultry feed and 15.8% was the utility and salaries and wages costs.

“The purchasing cost of day-old chicks comprised 2.2% from the overall production cost of eggs,” he said. – Bernama, December 30, 2022

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