Ukraine: Egg prices have peaked and will continue to decline

Published 2024년 11월 11일

Tridge summary

The article outlines the anticipated changes in egg prices in Ukraine, with Taras Vysotskyi, the country's First Deputy Minister of Agrarian Policy and Food, predicting a slight decrease in egg prices from UAH 65 to UAH 61 per dozen by October 2024. This decrease is due to lower chicken productivity in cold weather and the process of renewing the chicken population, leading to a 5% decrease in egg production compared to the previous year. Additionally, the article addresses the impact of increased feed prices, a result of recovering grain prices, on egg production costs and farmers' profits. It also highlights the stable nature of prices for key food products, including meat, dairy, flour, and vegetables, under the condition of a stable energy system in the country.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Taras Vysotskyi, First Deputy Minister of Agrarian Policy and Food of Ukraine, told about this in a comment to Suspilno. He noted that in November 2022, the price for a dozen eggs reached UAH 65, now, in October 2024, it is about UAH 61 per dozen. Seasonal changes are explained by a decrease in the productivity of chickens due to the cold weather. This affects not only households, but also industrial production. There is also a renewal of the chicken population, which is traditionally accompanied by a decrease in production. According to Vysotskyi, in October of this year, egg production was 5% less than last year. Another important factor is the increase in feed prices, which is related to the recovery of grain prices after several years of low indicators caused, among other things, by the blockade of sea routes. This growth has a positive effect on farmers, as their production becomes more profitable. However, the cost of egg production also increases at the same time. ...

Source: AgroPortal.ua