No one can act with impunity and expect to escape the consequences.
PETALING JAYA: With a steady supply of eggs now, a major retailer has urged the government to lift the price controls on the staple food item, but some farmers feel otherwise.
“The poultry industry is benefiting from this, and so now’s the time for the government to remove price controls,” he said. Lee Yoon Yeau, deputy president of the Federation of Livestock Farmers’ Associations of Malaysia, said that compared with 2019, the daily egg supply of over 20 million is still 15% lower, although adequate to meet market demand.
“During low-demand periods like holidays, egg prices drop, causing farmers to make losses. The 10sen government subsidy helps sustain operations,” he said when contacted.“Even if egg prices rise by 10sen, making the retail price 50-55sen, it would still be lower than in Thailand and Singapore. “Prices will increase if controls and subsidies are removed. Can consumers and the government accept this scenario? If so, there is no issue with allowing prices to float freely,” he said.
When contacted, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu said there will be an announcement on the lifting of price controls as the time is right and discussions are ongoing.“Only when egg prices are consistently lower will the government consider lifting price controls.
Farms Egg Subsidy Retailers Price Controls
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