Monday, July 30, 2012

Chicken price to not exceed RD$46 in Dominican Republic


    On July 23, the Committee on Agriculture of the House of Deputies, representatives of the white meat industry and Pro Consumidor set a limit of RD$46 (US$1.18) per pound of chicken sold in stores in the Dominican Republic.
    According to a source, the agreed-upon system establishes the following prices:
    • Chicken producers will sell chicken at RD$28.50 (US$0.73) per pound
    • Distributors 1 (individuals or companies that sell live and buy it directly from the farms) will sell chicken at RD$31.50 (US$0.81) per pound
    • Distributors 2 (retailers) will sell chicken at RD$42.00 (US$1.07) per pound
    • Distributors 3 (which includes grocery stores) will sell chicken at RD$46.00 (US$1.18) per pound
    • Slaughterhouses will sell chicken at RD$50.50 (US$1.29) per pound
    • Supermarkets will sell chicken at RD$55.60 (US$1.42) per pound

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