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BNN reports on expected poultry price gains

Ingūna Gulbe head of the Agriculture Market Promotion Center

On January 4th, 2011 the Baltic News Network published an article about expected price increases for poultry.

BNN states, that in December 2010 poultry price amounted to 14% more in shops and 7% more in markets, compared 2009, forming 1.87 LVL/kg and 1.82 LVL/kg respectively.

Due to BNN poultry traders in Latvia have significantly increased their prices in December 2010 - probably to take advantage of the holiday season.

The poultry prices seem to be closely related to grain prices. Grain forms a major cost in poultry production.

Read the full article on the Baltic News Network. Article also available in latvian on the BNN platform.