September 12, 2019
Hundreds of broiler farmers in Indonesia who suffered losses have exited the industry due to the low price of live broilers. Based on Pinsar Indonesia data, the average price is USD 0.7/kg, or lower. Meanwhile, the average production cost is USD 1.3/kg. “We have been suffering losses for 13 months. As a result, hundreds of farmers in West Java, Central Java, East Java and South Kalimantan have closed their business,” said Singgih Januratmoko, Chairman of Pinsar Indonesia.