Malaysia suspends chicken exports amid rising food prices – Times of India

Kuala Lumpur: Malaysia suspended export of live chickens on Wednesday to guarantee adequate supplies for domestic markets, creating a crisis in neighboring Singapore, where chicken rice It is a national dish.
In Singapore, which sources a third of its poultry from Malaysia, consumers rushed to stock up on fresh chicken before the ban, with local media reporting that shelves in some wet markets and supermarkets have been cleared of meat.
Malaysia typically exports 3.6 million chickens a month, many of which go to Singapore, where they are slaughtered and thawed.
The Singapore Straits Times said chicken sellers estimated the price of chilled chicken could rise by as much as 30% chicken dish prices Soaring Singapore Government Urges Consumers to Switch frozen chicken and other alternative meats, and is exploring new markets for fresh chicken.
But there is concern over the fate of the ubiquitous chicken rice sold everywhere from hawker stalls to top hotels. Popular eatery Tian Tian Hainanese Chicken Rice, which gets its poultry entirely from Malaysia, has reportedly said it will use pork and beef instead of using frozen chicken if it fails to find new suppliers. Seafood will be served.
Malaysia’s ban is battling rising food prices in countries around the world, partly due to Ukraine war, Ukraine is a major exporter of corn and grains which are the major components of chicken feed.
India also moved to protect its markets by restricting exports of sugar and wheat, while Indonesia temporarily halted – and then lifted – the sale of palm oil overseas.
In addition to the export ban, Malaysia also abolished import permits for chicken and other food items to boost the food supply and curb prices amid public anger. It previously capped chicken prices and allocated subsidies for farmers affected by the rising cost of chicken feed, partly due to the weak Malaysian currency.
The move came as a surprise by the government of Prime Minister Ismail Sabri Yacoub, which took power in August and faces a general election the following year. The government is also investigating claims that cartels are controlling the price and supply of chicken.
The ban not only raised the alarm in Singapore, but also upset small Malaysian poultry farmers, who supply Singapore with supplies to help them sustain their operations. The government did not specify how long the export ban would last, but officials expect supplies and prices to return to normal within a month.