PRICE BEHAVIOUR ANALYSIS OF POULTRY PRICES IN PAKISTAN

Abstract

Poultry production and pricing dynamics are crucial in Pakistan's agricultural sector, providing a significant protein source for the population and contributing to the national economy. This study utilizes the autoregressive distributed lag (ARDL) model to analyse the price trends of poultry (chicken) in Pakistan, considering factors such as feed costs, day-old chick (DOC) prices, beef prices, potato prices, exchange rates, manufacturing index, and interest rates. By examining time series data from January 2012 to June 2022, we have identified the long-run and short-run relationships between poultry (chicken) prices and input costs, particularly feed prices and day-old chick (DOC) prices, emphasizing the impact of production expenses on poultry (chicken) prices. Moreover, the interest rate is identified as a key factor influencing poultry price dynamics. Additionally, exchange rates, beef prices, and potato prices are also found to affect poultry (chicken) prices in the short run.