Tridge summary
On Tuesday, 3/26/2024, the prices of feed and feed raw materials saw variations, with broiler feed prices dropping by 500 pounds per ton, ranging between 22,500 and 25,400 pounds, influenced by the liberalization of dollar prices. The fluctuation in prices extends to various types of feed, including those for laying poultry, livestock, and ducks, with differences attributed to the feed type. Global market trends, the Russian-Ukrainian war, and increased fuel prices, which have led to a higher conversion of corn into fuel in the Americas, are impacting the costs of raw materials like yellow corn from Brazil and Argentina, and Ukrainian, Serbian, and American corn, as well as soybean meal. These factors are causing the observed market price fluctuations, as noted by traders and Dr. Abdel Aziz Al-Sayed, Head of the Poultry Wealth Division at the Cairo Chamber of Commerce.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The prices of feed and feed raw materials varied today, Tuesday 3/26/2024, and the prices of broiler feed during the current period ranged between 22,500 pounds and 25,400 pounds for fattening feed in the markets, according to a number of factories, after the liberalization of dollar prices, with a decline of 500 pounds. Traders explained that the price of a ton of feed for laying poultry ranged from 19,500 to 22,000 pounds, livestock feed 8,000 to 17,500 pounds, duck feed 21,500 pounds, rabbit and sheep feed 15,500, pigeons 22,000, quail 22,000, turkey feed 26,000 pounds, fish feed 32,000 pounds, and camel and horse feed 15. 000 pounds and ostrich fodder 30,000 pounds. Feed prices today Traders explained that the price of imported Brazilian and Argentinian yellow corn - which is the raw material for feed - is 12,500 pounds, Ukrainian, Serbian, and American corn is 10,500 pounds per ton, and Argentine cornflake is 13,200 pounds. Traders confirmed that the price of a ton of soybean ...
Source: Almalnews
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