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Poultry industry under pressure

By Yu Ran | China Daily | Updated: 2013-04-18 07:30

Subsidies

To ease the heavy burden on breeders, the regional governments of Shanghai and Zhejiang province have offered limited subsidies.

The Shanghai government issued a one-off subsidy on April 10, paying certified poultry breeders to keep their birds at their farms. Breeders will be paid 3 yuan for each egg chicken, 2 yuan for each meat chicken, 2 yuan for each pigeon and 0.20 yuan for each quail.

Meanwhile, on Wednesday, Zhejiang's provincial government announced that it will provide a similar level of subsidy to local large-scale poultry breeders.

Poultry industry under pressure

Poultry industry under pressure

"It is essential for the government to offer insurance support for the breeders, not only in terms of buying related insurance products, but also setting up a stabilization fund to insulate the breeders from huge losses if outbreaks occur in the future," said Wang Xujin, a professor at the insurance department of the school of economics at Beijing Technology and Business University, according to the news website Caixin.

Wang urged the government to launch a poultry storage system and subsidy measures to avoid sudden price fluctuations for poultry products.

However, there is a certain level of optimism in the industry.

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