Middle East War Impact : Egg Prices Suddenly Drop, The war between Iran, Israel and the US is ongoing. There is no certainty when it will end. Both sides are continuously attacking, which is hurting people all over the world. The impact of the war is now affecting not only individuals but also small and big businesses. The tension created due to the war has stopped India’s egg exports to the Gulf countries, which has resulted in a significant drop in prices.
According to the National Egg Coordination Committee (NECC), egg prices have fallen sharply across Karnataka in the last few weeks. In just one week, the price of an egg has come down from Rs 7.06 to Rs 4.60. Due to this, traders have clearly expressed their concern.
Many rates have started increasing due to the US-Israel Iran war. But some items have become cheaper due to the war. For example – eggs, which are being continuously produced. Now in the market, eggs are priced at Rs 4.50 per egg. Trays are priced at Rs 140. A box is priced at Rs 934 wholesale. According to the reply of Fisheries and Animal Resources Minister Gokulanand Malik in the Legislative Assembly, our state Odisha is a backward state in egg production.
While 138.36 lakh eggs are required in Odisha for four and a half crore Odias every day, Odisha poultry farmers produce 117.4 lakh eggs. The question arises, how did the egg price become so cheap? The answer to this comes from the battlefield. Eggs from Andhra and Telangana are also not being exported to the eastern countries. Therefore, Andhra farmers are exporting eggs to Odisha in large quantities. That is why the egg rate has decreased in the state.
15 days ago, whole eggs were sold for a maximum of 9 rupees. And today’s rate is 4 rupees 50 paisa per egg. Tray 140 rupees. Box has a wholesale price of 934 rupees. EA is the current price of other egg markets including Haat No. 4 in Bhubaneswar. Andhra Pradesh eggs have become the reason for the sudden drop in egg prices. Due to the war in the Middle East, Andhra eggs cannot be exported to foreign countries. Therefore, Andhra egg farmers are forced to release eggs to the Odisha market at a low rate. As a result, eggs have become completely cheaper. If the war crisis is not averted, eggs will become even cheaper or the rate is likely to increase. Fish and Livestock Minister Gokulanand Malik gave a reply in the Assembly regarding egg production and consumption.
According to the reply, while Odisha requires 138.36 lakh eggs daily, 117.4 lakh eggs are produced in Odisha. The minister admitted that Odisha is a backward state in egg production. However, the big thing is that Andhra Pradesh and Telangana are the only states that meet the shortage of eggs in Odisha. Now, they are not only not meeting the shortage but are overflowing with eggs.
Instead of letting the eggs rot and get wasted in his warehouse on a hot day, he is exporting eggs in large quantities to Odisha. According to the state non-veg shop association, Andhra now sends 5,000 boxes of eggs to many countries like Oman, Iraq, Iran, Saudi Arabia. Due to the war, trade between Andhra and Telangana has stopped.
