Dynamic analysis of commodity prices influence on broiler chicken prices in Malaysia
The poultry industry in Malaysia has been successful to produce more than the domestic demand over the years. Recent hike of animal feeds prices globally is an important issue in developing countries such as Malaysia that affects the cost of broilers production. This study aims to investigate the fa...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universiti Tun Hussein Onn Malaysia
2024
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| Online Access: | http://psasir.upm.edu.my/id/eprint/118086/ http://psasir.upm.edu.my/id/eprint/118086/1/118086.pdf |
| _version_ | 1848867426302689280 |
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| author | Che Rose, Farid Zamani Sapar, Marni |
| author_facet | Che Rose, Farid Zamani Sapar, Marni |
| author_sort | Che Rose, Farid Zamani |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | The poultry industry in Malaysia has been successful to produce more than the domestic demand over the years. Recent hike of animal feeds prices globally is an important issue in developing countries such as Malaysia that affects the cost of broilers production. This study aims to investigate the factors influencing broiler production costs in Malaysia. The factors that are included in this study are the imported ingredient for animal feeds, exchange rate and crude oil prices. This research revealed the strongest positive correlation (0.9504) between soybean meals and corn, followed by wheat and soybean meals (0.8452) in Malaysia. The structural time series model applied in this study shows that the ex-farm broiler price can be represented by a basic structural time series model. Hence, the findings from this study suggests a different approach to policy makers to ensure a low dependency on foreign resources and to protect the poultry industry in Malaysia. |
| first_indexed | 2025-11-15T14:36:18Z |
| format | Article |
| id | upm-118086 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T14:36:18Z |
| publishDate | 2024 |
| publisher | Universiti Tun Hussein Onn Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-1180862025-06-24T06:13:42Z http://psasir.upm.edu.my/id/eprint/118086/ Dynamic analysis of commodity prices influence on broiler chicken prices in Malaysia Che Rose, Farid Zamani Sapar, Marni The poultry industry in Malaysia has been successful to produce more than the domestic demand over the years. Recent hike of animal feeds prices globally is an important issue in developing countries such as Malaysia that affects the cost of broilers production. This study aims to investigate the factors influencing broiler production costs in Malaysia. The factors that are included in this study are the imported ingredient for animal feeds, exchange rate and crude oil prices. This research revealed the strongest positive correlation (0.9504) between soybean meals and corn, followed by wheat and soybean meals (0.8452) in Malaysia. The structural time series model applied in this study shows that the ex-farm broiler price can be represented by a basic structural time series model. Hence, the findings from this study suggests a different approach to policy makers to ensure a low dependency on foreign resources and to protect the poultry industry in Malaysia. Universiti Tun Hussein Onn Malaysia 2024 Article PeerReviewed text en cc_by_nc_sa_4 http://psasir.upm.edu.my/id/eprint/118086/1/118086.pdf Che Rose, Farid Zamani and Sapar, Marni (2024) Dynamic analysis of commodity prices influence on broiler chicken prices in Malaysia. Journal of Social Transformation and Regional Development, 6 (2). pp. 57-70. ISSN 2682-9142 https://publisher.uthm.edu.my/ojs/index.php/jstard/article/view/18359 10.30880/jstard.2024.06.02.006 |
| spellingShingle | Che Rose, Farid Zamani Sapar, Marni Dynamic analysis of commodity prices influence on broiler chicken prices in Malaysia |
| title | Dynamic analysis of commodity prices influence on broiler chicken prices in Malaysia |
| title_full | Dynamic analysis of commodity prices influence on broiler chicken prices in Malaysia |
| title_fullStr | Dynamic analysis of commodity prices influence on broiler chicken prices in Malaysia |
| title_full_unstemmed | Dynamic analysis of commodity prices influence on broiler chicken prices in Malaysia |
| title_short | Dynamic analysis of commodity prices influence on broiler chicken prices in Malaysia |
| title_sort | dynamic analysis of commodity prices influence on broiler chicken prices in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/118086/ http://psasir.upm.edu.my/id/eprint/118086/ http://psasir.upm.edu.my/id/eprint/118086/ http://psasir.upm.edu.my/id/eprint/118086/1/118086.pdf |