Egg prices to be raised by 10-20 satang near the end of October

[webfact]

Egg prices to be raised by 10-20 satang near the end of October

BANGKOK, 24 October 2014 (NNT) - Consumers are starting to feel the pinch, as chicken farmers are planning to raise the farm gate prices of eggs by 10-20 satang per egg starting on October 28th.

President of the Egg Farmers Association Annop Akaranithiyanont declared that as of now, the farm gate prices for large-sized eggs stand around 3.10 to 3.20 baht per egg and may eventually reach 3.60 to 3.70 baht. He stated that the price increase can be attributed to higher production costs and the hot weather, which causes the chickens to produce a lesser amount of eggs.

Mr. Annop, nonetheless, claimed that eggs are still relatively cheap compared to other protein-based products. According to him, there is a higher demand for eggs as the new school semester is beginning soon but egg supplies are still lower than the demand.

As the farm gate prices of normal-sized eggs have recently been adjusted down to 2.6 to 2.7 baht per egg, a lot of chicken farmers reported a huge loss of their income. Therefore, the turnaround in price would help them cover their loss.

Meanwhile, the Department of Internal Trade (DIT) deputy director-general, Mr. Santichai Santawanpas, stated that the price increase still complied with the rules since the chicken farmers have to pay 3 baht for their production costs. If the price adjustment was unusual, then he would present the matter to the Egg Board for consideration.


-- NNT 2014-10-24

[Thailand]

All part of the happiness program.

[dinger]

Low production due to hot weather, and the egg producers are just now finding out it is hot in Thailand.

And what does the start of a new school term have to do with egg production?

[ratcatcher]

I feel a scramble for egg yokes coming on.

[theguyfromanotherforum]

Eggs in Thailand taste so much better and are 70% cheaper than in Canada. Happy to pay more.

Edited October 24, 2014 by theguyfromanotherforum

[Fred Flinstone]

People are being conned-

The price of eggs is a universe away from Thais being held hostage under marshall law-

Its a distraction

[JOC]

Two weeks ago (?) Thailand celebrated "World Egg Day" because of overproduction, and now they raise the prices!!

But seriously, for the average consumer does a 20 satang hike make any difference??

If the money end up with the farmers, I will happily pay more!

[Commerce]

"According to him, there is a higher demand for eggs as the new school semester is beginning."

Does this mean all students are still walking around quacking and feathering copied work?

[RKASA]

My dog will be disappointed - he gets a hard boil every morning - if not by 0730 I hear about it. I could ask him to cut back to reduce demand, but he is not to concerned about others when it comes to food issues. I think lazy roosters can be blamed, just because it is a bit warm does not mean they have to sleep all day. Lets try out a rooster motivational program - we can show them chicken porn or something.

I guess if the farmers just charged what the needed to cover cost and make money a whole branch of government would be out of work, but that would be vary laissez-faire.

[wolf5370]

Two weeks ago (?) Thailand celebrated "World Egg Day" because of overproduction, and now they raise the prices!!

But seriously, for the average consumer does a 20 satang hike make any difference??

If the money end up with the farmers, I will happily pay more!

The average consumer eats at cafes and food halls most days - especially in cities (farmers are less affected as they "grow their own" anyway). Almost every Thai meal has an egg in it somewhere. 10-20 satang per egg will push up costs to these food establishments and they will be passed along to the consumer. I.E. here it is a good single product interpretation of inflation at the street level (normal households). Eggs have also continued to rise very high since before the 2011 floods, and have seen little real reduction even though production has gone up across the country - 2011 floods was expected as demand outstripped supply; priced near doubled during that period, but after when supply and demand fell back to norms (i.e. over production!) prices fell nowhere near as much as they had risen during the crisis.

In my café we would buy a tray of eggs (size 2 - 30 per tray) for 60-65 baht (seasonal) for years up until 2011. 2011 the price shot up to 105 baht (same farm - excuse was that most eggs were being mass purchased and shipped to Bangkok - this is Chiang Mai btw). Now prices are 97-102 baht per tray, with a large over surplus. Shopping around (as we do often to ensure the lowest price/quality) - and our supplier has changed their suppliers several times for the same reason - we see this the norm in the industry - at least locally.

This is all due to the government price fixing - obvious by the fact that they can make statements about the price across the country and vendors! Competition breeds the best price/quality -- always has, always will.

Eggs are where a lot of the poorer people get their protein from in this country too - raise prices further and hey will drop it from their diets altogether.

[bassman]

"Meanwhile, the Department of Internal Trade (DIT) deputy director-general, Mr. Santichai Santawanpas, stated that the price increase still complied with the rules since the chicken farmers have to pay 3 baht for their production costs. If the price adjustment was unusual, then he would present the matter to the Egg Board for consideration."

And everyone thought those punished to inactive posts don't have anything to do...or is this real positions?

[WolfgangGiesen]

Two weeks ago (?) Thailand celebrated "World Egg Day" because of overproduction, and now they raise the prices!!

But seriously, for the average consumer does a 20 satang hike make any difference??

If the money end up with the farmers, I will happily pay more!

The average consumer eats at cafes and food halls most days - especially in cities (farmers are less affected as they "grow their own" anyway). Almost every Thai meal has an egg in it somewhere. 10-20 satang per egg will push up costs to these food establishments and they will be passed along to the consumer. I.E. here it is a good single product interpretation of inflation at the street level (normal households). Eggs have also continued to rise very high since before the 2011 floods, and have seen little real reduction even though production has gone up across the country - 2011 floods was expected as demand outstripped supply; priced near doubled during that period, but after when supply and demand fell back to norms (i.e. over production!) prices fell nowhere near as much as they had risen during the crisis.

In my café we would buy a tray of eggs (size 2 - 30 per tray) for 60-65 baht (seasonal) for years up until 2011. 2011 the price shot up to 105 baht (same farm - excuse was that most eggs were being mass purchased and shipped to Bangkok - this is Chiang Mai btw). Now prices are 97-102 baht per tray, with a large over surplus. Shopping around (as we do often to ensure the lowest price/quality) - and our supplier has changed their suppliers several times for the same reason - we see this the norm in the industry - at least locally.

This is all due to the government price fixing - obvious by the fact that they can make statements about the price across the country and vendors! Competition breeds the best price/quality -- always has, always will.

Eggs are where a lot of the poorer people get their protein from in this country too - raise prices further and hey will drop it from their diets altogether.

[WolfgangGiesen]

Two weeks ago (?) Thailand celebrated "World Egg Day" because of overproduction, and now they raise the prices!!

But seriously, for the average consumer does a 20 satang hike make any difference??

If the money end up with the farmers, I will happily pay more!

The average consumer eats at cafes and food halls most days - especially in cities (farmers are less affected as they "grow their own" anyway). Almost every Thai meal has an egg in it somewhere. 10-20 satang per egg will push up costs to these food establishments and they will be passed along to the consumer. I.E. here it is a good single product interpretation of inflation at the street level (normal households). Eggs have also continued to rise very high since before the 2011 floods, and have seen little real reduction even though production has gone up across the country - 2011 floods was expected as demand outstripped supply; priced near doubled during that period, but after when supply and demand fell back to norms (i.e. over production!) prices fell nowhere near as much as they had risen during the crisis.

In my café we would buy a tray of eggs (size 2 - 30 per tray) for 60-65 baht (seasonal) for years up until 2011. 2011 the price shot up to 105 baht (same farm - excuse was that most eggs were being mass purchased and shipped to Bangkok - this is Chiang Mai btw). Now prices are 97-102 baht per tray, with a large over surplus. Shopping around (as we do often to ensure the lowest price/quality) - and our supplier has changed their suppliers several times for the same reason - we see this the norm in the industry - at least locally.

This is all due to the government price fixing - obvious by the fact that they can make statements about the price across the country and vendors! Competition breeds the best price/quality -- always has, always will.

Eggs are where a lot of the poorer people get their protein from in this country too - raise prices further and hey will drop it from their diets altogether.

The egg price in Thailand is at the moment not controlled by the government and is 2.60 for unsorted eggs witch is the price equivalent for grade 3 eggs. 2.60 times 30 is 78 Baht a tray, here in Chiang Mai the wholesale price is 69 Baht a tray grade 3, 72 Baht grade 2

Forget to add, this is the price for 1000 trays

Edited October 24, 2014 by WolfgangGiesen

[jaltsc]

"Consumers are starting to feel the pinch, as chicken farmers are planning to raise the farm gate prices of eggs by 10-20 satang per egg starting on October 28th."

On the bright side...Perhaps the politicians and law authorities will be more diligent and careful, since now it will cost more to be caught with egg on their faces

[AnotherOneAmerican]

In Chiang Mai

A couple of months back size 2 were 110 bht for 30.

Today they are 80 bht for 30.

These announcements make no sense at all.

Edited October 24, 2014 by AnotherOneAmerican

[WolfgangGiesen]

In Chiang Mai

A couple of months back size 2 were 110 bht for 30.

Today they are 80 bht for 30.

These announcements make no sense at all.

Have a look here, this is the site to look for egg prices in Thailand http://www.egg-thailand.com/%E0%B8%A3%E0%B8%B2%E0%B8%84%E0%B8%B2%E0%B8%9B%E0%B8%A3%E0%B8%B0%E0%B8%81%E0%B8%B2%E0%B8%A8.htm

I am a whole seller for eggs in Chiang mai since 7 years

[wolf5370]

In Chiang Mai

A couple of months back size 2 were 110 bht for 30.

Today they are 80 bht for 30.

These announcements make no sense at all.

Have a look here, this is the site to look for egg prices in Thailand http://www.egg-thailand.com/%E0%B8%A3%E0%B8%B2%E0%B8%84%E0%B8%B2%E0%B8%9B%E0%B8%A3%E0%B8%B0%E0%B8%81%E0%B8%B2%E0%B8%A8.htm

I am a whole seller for eggs in Chiang mai since 7 years

Wow goes up and down like a yoyo on speed! As that page shows swings of more than 10 satang several times a month, why the announcement ???

[AnotherOneAmerican]

In Chiang Mai

A couple of months back size 2 were 110 bht for 30.

Today they are 80 bht for 30.

These announcements make no sense at all.

Have a look here, this is the site to look for egg prices in Thailand http://www.egg-thailand.com/ราคาประกาศ.htm

I am a whole seller for eggs in Chiang mai since 7 years

Ruay Chok market at MaeJo (on old 1001 between MaeJo and SanSai), 10 minutes ago, size 2, 80 bht for 30.

Edited October 24, 2014 by AnotherOneAmerican

[ginjag]

All part of the happiness program.

Read this is satang increase. Small eggs 1 baht per pack of 10. and large eggs 2 bht per pack of 10. Your comment is a joke, how much are you paying for your drink---cheese--????

[ginjag]

All part of the happiness program.

See #15. I'll bet you do not reply.............yours swipe was nothing to do with eggs---it was an ante army swipe.

[WolfgangGiesen]

In Chiang Mai

A couple of months back size 2 were 110 bht for 30.

Today they are 80 bht for 30.

These announcements make no sense at all.

Have a look here, this is the site to look for egg prices in Thailand http://www.egg-thailand.com/%E0%B8%A3%E0%B8%B2%E0%B8%84%E0%B8%B2%E0%B8%9B%E0%B8%A3%E0%B8%B0%E0%B8%81%E0%B8%B2%E0%B8%A8.htm

I am a whole seller for eggs in Chiang mai since 7 years

Wow goes up and down like a yoyo on speed! As that page shows swings of more than 10 satang several times a month, why the announcement ???

Yes, going up and down like a yoyo but this is the way the way egg prices in Thailand are made, every year in the start of the spring holy day season and at the start of the autumn holy day season the price goes down because schools stop making food using eggs. After they reopen the price is going up sharply. The same aplies for the year end, the price drops and in the new year the price goes up like mad, took me years to understand but now for me personally its better than to buy stocks, at the moment I buy eggs as many I can buy and sell them a few days later for the new price

[WolfgangGiesen]

In Chiang Mai

A couple of months back size 2 were 110 bht for 30.

Today they are 80 bht for 30.

These announcements make no sense at all.

Have a look here, this is the site to look for egg prices in Thailand http://www.egg-thailand.com/ราคาประกาศ.htm

I am a whole seller for eggs in Chiang mai since 7 years

Ruay Chok market at MaeJo (on old 1001 between MaeJo and SanSai), 10 minutes ago, size 2, 80 bht for 30.

2014-10-24 17.26.18.jpg

Thats cheap, about 6 to 9 Baht profit a tray, but the price will go up by 6 Baht next tuesday

[ginjag]

I feel a scramble for egg yokes coming on.

Your chicken for not posting more. Increase is due to Higher perches. were couped up for 3 months without a run. Will lay low after this post.

[h90]

Eggs in Thailand taste so much better and are 70% cheaper than in Canada. Happy to pay more.

Depends: the good one taste very good. But some cheap supermarket brands taste like fish.....

[Lupatria]

The price hike may be a result of the glorious event recently held as 'National Egg Day"

[Wombat6]

People are being conned-

The price of eggs is a universe away from Thais being held hostage under marshall law-

Its a distraction

As usual, your posts don't make much sense except perhaps it is obvious you have contempt for the current goverment. Would you prefer the way it was under the previous mess of a Government ???

[Brit_Doggie]

Its no yolk folks,eggsactly my point,the manufactures are hard boild head cases or at least scrambled why not increase to1 baht bc traders wont sell at 10 to 20 satang extra per egg.

Edited October 24, 2014 by Brit_Doggie

[IAMHERE]

I buy duck eggs. Last year they were 55 baht for ten, this year 60 baht for ten. Far as I am concerned the price has already gone up fifty satang per egg.

[louse1953]

Two weeks ago (?) Thailand celebrated "World Egg Day" because of overproduction, and now they raise the prices!!

But seriously, for the average consumer does a 20 satang hike make any difference??

If the money end up with the farmers, I will happily pay more!

This is not your local farmer,it is the factory farms with thousands of chooks in concentration camps.Chooks are not happy.If the gate price goes up 2 then the supermarket price will probably go up 5 baht.I run my own free range chooks and cant keep up with demand.People tell me get more chooks,but i wont do it.Yes,they have gone off the lay the last few days,but it is cooler where i am,not hotter.

[louse1953]

My dog will be disappointed - he gets a hard boil every morning - if not by 0730 I hear about it. I could ask him to cut back to reduce demand, but he is not to concerned about others when it comes to food issues. I think lazy roosters can be blamed, just because it is a bit warm does not mean they have to sleep all day. Lets try out a rooster motivational program - we can show them chicken porn or something.

I guess if the farmers just charged what the needed to cover cost and make money a whole branch of government would be out of work, but that would be vary laissez-faire.

A rooster would certainly be motivated if he laid an egg,something to crow about.