Govt reviewing egg prices, says minister
SERDANG: The government is reviewing rising egg prices following concerns from producers about high operating costs and mounting industry pressures, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.
The Malaysian government is investigating the recent surge in egg prices, according to Agriculture and Food Security Minister Datuk Seri Mohamad Sabu. The minister revealed that his department and the Domestic Trade and Cost of Living Ministry held discussions with industry representatives to determine the reasons behind the price increase.
Among the issues to be addressed are recent regulations imposed by local authorities, specifically those aimed at tackling fly infestations. In a meeting with key agriculture officials, the government will keep a close watch on the situation to ensure a steady supply while protecting both consumers and the industry's long-term viability, he said during a Kebun di Rumah Sendiri campaign event in Serdang.
Low Hin Ching, the chairman of the Kuala Lumpur and Selangor Egg Merchants Association, explained that retail egg prices have surged five times over the past three weeks due to a combination of poor-quality feed, sweltering temperatures, and decreased egg production. When farms raise their prices by two sen, the merchants follow suit by increasing theirs by the same amount.
Wholesale prices for Grade A eggs are currently RM15 per tray of 30, while Grade B and Grade C eggs are priced at RM14.70 and RM14.40 respectively, with retail prices at RM15.90 and RM15.30.
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