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Fallout of Covid-19 drives egg prices to an all-time high

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by SURESH PERERA

The price of eggs has shot up to an all-time high of between 24 and 25 rupees each in the local market due to what an industry player described as the “fallout of the Covid-19 pandemic, which virtually devastated the trade”.

Thousands of birds had to be culled as the demand for both chicken and eggs plummeted with sales points closed and the distribution network largely disrupted during the lockdown, he said.

Wherever it was possible to dispose of stocks on a limited scale through private traders operating mobile units with police permission at the time, chicken was sold by farms far below Rs. 200 per kilogram and eggs at Rs. 3 each, the official said.

With hotels, restaurants and eateries also closed, suppliers who procured big stocks for distribution also kept away resulting in unsold quantities piling up, he recounted. “With limited storage facilities, the industry was tottering”.

Even immediately after the worst was over and Covid-19 related restrictions were eased, the demand for chicken and eggs didn’t pick up as the buying power of the people had diminished with the drop in personal incomes, he explained.

 

Fallout

 

The situation has now boiled down to inadequate layer birds to produce enough eggs to go around, the official explained.

A wholesale trader in Colombo said eggs are being sold at between Rs. 21/50 and Rs. 22/50 each, an unprecedented increase in relation to pre-Covid-19 times.

“That’s why retail prices have jumped to between Rs. 24 and 25”, he noted, while predicting that the upward trend is bound to continue until supplies normalize.

The high price of fish and seafood has also contributed towards the demand for eggs, he further said.

Some supermarkets are also offering substantial discounts on whole dressed chicken as they want to dispose of existing stocks.

“We don’t want to keep the birds in cold rooms for too long as sales are not as good as they used to be”, an official said.

There is a demand for eggs but many customers avoid buying broiler chicken claiming that “the use of steroids have turned the birds into tasteless lumps”.

That’s a misconception, the manager of a farm countered. “The use of hormones and steroids in poultry is banned under the law”.

He said that under modern breeding techniques, vitamins are added to the poultry feed, 60% of which contains maize, and the birds are slaughtered within 40 to 45 days according to the required weight.

“If we are to inject costly hormones, we will have to sell a kilogram of chicken for Rs. 1,500 to make a profit”, he asserted.



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Draft of the Appropriation Bill for the Financial Year 2027  su mitted to the Parliament

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Approval of the Cabinet of Ministers was granted to the preparation of the Appropriation Bill for the financial year of 2027 at their meeting held on 30.06.2026.

Accordingly, clearance of the Attorney General has been given to the Appropriation Bill prepared by the Legal Draftsman.

Therefore, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to publish the aforementioned draft bill in the government gazette notification and thereby submit the same to the Parliament for its concurrence.

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Cabinet approves aditional Rs. 2,500 million to the Paddy Marketing Board to purchase 2026 Yala harvest

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The Cabinet of Ministers has approved the resolution furnished by the Minister of Agriculture, Livestock, Land and Irrigation to provide an additional Rs. 2,500 million to the Paddy Marketing Board on a reimbursable basis from the Rs. 7,500 million additional allocations granted to the Ministry to implement
the expedited paddy purchasing program for the 2026 Yala harvest.

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Cabinet nod to host the 8th Asian Regional Conference of the Commonwealth Parliamentary Association and the 3rd Joint Asian and South-East Asian Regional Conference of the Commonwealth Parliamentary Association

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The 8th Asian Regional Conference of the Commonwealth Parliamentary Association (CPA) and the 3rd Joint Asian and South-East Asian Regional Conference of the CPA are planned to be held over three days in Colombo during April/May 2027.

Approximately 90 delegates including speakers, Deputy Speakers, Member of Parliamentarians, and Parliamentary officers representing member countries of the Commonwealth Parliamentary Association, in the Asian and South-East Asian regions, are expected to participate in these conferences.

The Cabinet of Ministers has approved the resolution furnished by the Prime Minister of the Parliament of Sri Lanka to host the said conferences considering the opportunities to strengthen parliamentary diplomacy and regional cooperation, as well as to enhance international recognition of the Parliament of Sri Lanka within the Commonwealth Parliamentary Association.

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