According to Bernama, the Domestic Trade and Consumer Affairs Ministry (KPDNHEP) Price Alert reported that price of standard chicken at the national level has increased from RM8.39 per kg to RM8.46 per kg, an increase of 0.94% or eight sen per kg.
Based on KPDNHEP’s monitoring in the Peninsula, there are 19 premises that sell chicken at prices exceeding RM10 per kg.
Agriculture and Food Industries Minister, Datuk Seri Ronald Kiandee attributed the matter to rising animal feed components in the global market.
Meanwhile, Finance Minister, Tengku Datuk Seri Zafrul Abdul Aziz said the Government was aware of the resulting price increase in chicken meat and would seek a way to stabilise pricing.
Government to take stock of the situation and start transforming the nation’s agriculture sector
Image source: Malay Mail
Touching on the matter, Kadir accused Tengku Zafrul of being ignorant on the matter just like Kiandee, for refusing to acknowledge that the weakening ringgit was also causing the problem.
“On Sept 17, we needed RM4.17 to get US$1 compared to RM3.95 back in May 2018. Though ringgit is strengthening, its positive impact on imported goods has yet to be felt.
“As our chickens consume imported feed, the latter’s price will fluctuate depending on the import cost and currency exchange.
“And I have not even touched on labour cost, medicine, transport and profiteering by traders. So, it’s actually a complex matter but I don’t think our ministers understand this,” he stated.
Offering solutions, Kadir urged the Government to take stock of the situation and start transforming the nation’s agriculture sector, in order to reduce food imports.
For starters, the veteran newsman said that the Government could use under-utilised land in the country to plant food for livestock and poultry.
“For example, we can consider reducing paddy plantation to embark on corn plantation but I guess our ministers are too lazy to think about all this,” Kadir concluded.
*This article was repurposed from "Rising chicken prices: Our food security policies failed, Kadir Jasin says", first published on Focus Malaysia.