Broiler prices in Thailand are likely to rise in the second half of this year due to a decline in supply, Somboon Watcharapongphan, Secretary of Broiler Association told Asian Agribiz. In early 2015, the US reported the presence of avian influenza and Thailand has banned GP imports from the US. “Hence, we will see lower supply of PS in the second half of this year, which means supply of broiler will decline in that period,” Mr Somboon said. Moreover, the surge in pork prices will encourage people to consume more chicken meat, driving chicken prices higher. Pork prices recently rose due to the drought in Thailand.
