Charoen Pokphand Foods Public : CPF join the govt.'s plan to stabilize egg price

DLD teams up with CPF and other 13 private egg producers to help small-sized farmers suffering from a continuous falling egg price.
Mr. Rewat Hathaisttayapong, Executive Vice President of Charoen Pokphand Foods Public Company Limited (CPF) said that CPF is among Thailand's major breeders of broilers breeders (PS) who actively supports the 'PS Support' measure initiated by Department of Livestock Development (DLD). This measure helps breeder by accelerating egg export volume within 3 months to boost egg prices in domestic market and help small farmers. CPF will double its export volume from 11 to 22 containers or 6.8 million eggs a month, and mainly shipped to Hong Kong and the Middle East market.
'CPF is willing to stabilize egg prices in domestic market by increasing the export volume, and reducing amount of grandparent breeds and layer-hens. This move will help ease small-size farmers from oversupply situation,'' said Mr. Rewat.
DLD has launched this scheme and collaborated with 14 private sectors to add up export volume from 50 containers to 100 containers a month. DLD hope that this measure will help lower 100 million of egg.
This collaboration has been made to help small-sized farmers who suffers from continuous decline of egg prices. The measure will maintain a balance of demand and supply of eggs in domestic market. Currently, domestic market has 44 million eggs a day, while consumed only 41 million eggs a day.