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Chicken meat is bought in Iran with guarantee

Finance Materials 15 March 2020 11:46 (UTC +04:00)

BAKU, Azerbaijan, March 15

By Elnur Baghishov - Trend

Iran's Livestock Support Company buys chicken meat with guarantee to protect poultry farms from damage, said Morteza Rezaei, Deputy Minister for livestock production affairs at the Ministry of Agriculture Jihad, Trend reports with reference to the ministry of agriculture.

According to Rezaei, in the current year, the production of poultry was sufficient in the country and there was no problem in the market.

Rezaei added that in recent weeks, with the decline of purchasing, the chicken has increased in the market and prices have dropped.

Deputy Minister said that at the moment, the company buys additional chicken meat from the farms.

"One kilogram of frozen chicken costs 130,000 rials (about $3)," he said.

Rezaei said that discussions were held regarding the export of chicken meat with the Iranian Ministry of Industry, Mine and Trade.

More than 50,000 rials of duty was imposed (about $1.19) per kilogram of chicken meat.

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