Brace for 10 per cent increase in egg prices
The Jamaica Egg Farmers Association is advising consumers to brace for a ten per cent increase in the price of eggs.
President of the Association Roy Baker says egg prices currently range from $250 per dozen in the markets to $350 per dozen in supermarkets.
Baker says these prices have not increased in over 18 months despite an increase in the costs associated with producing eggs.
Baker says the increase in the price of eggs is due mainly to the devaluation of the Jamaican dollar which increases the cost of importing inputs such as feeds and medication.
Baker says farmers stand to incur significant losses if egg prices are not increased as they have to import nearly seventy five per cent of the inputs used in egg farming.
The association has not yet given a date for the increase.