Malaysia aims to lift price controls for chicken, eggs from June

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Malaysia aims to lift price controls for chicken, eggs from June
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Malaysia hopes lifting price controls and growing corn for poultry feed will ease supply challenges. Read more at straitstimes.com.

Price controls have distorted the market and led to export bans, and farmers and producers are further squeezed by high feed costs that government subsidies barely help mitigate.

“This year, we have started to plant grain corn. God willing for the future, we hope that grain corn can be planted in Malaysia,” Datuk Seri Mohamad said. Economic experts and industry players have previously urged the government to do away with subsidies and allow the prices of chicken and eggs to be floated.

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