Egypt: Chicken prices have decreased by 20 pounds, and a kilo for consumers is 75 pounds

Sameh Al-Sayed, head of the Poultry Division at the Giza Chamber of Commerce, announced that chicken prices for consumers fell from 95 pounds per kilo to 75 pounds per kilo in today’s dealings, Saturday, with a drop value of 20 pounds in less than 24 hours, indicating that the kilo of farm land delivery decreased by 10 pounds from 80 to 70 pounds. Sameh Al-Sayed added, in statements to “The Seventh Day”, that the markets responded to pumping more supply in the past hours, after providing 100,000 tons of Brazilian poultry, which contributed to the decline in prices, expecting a further decline with the return of the full production cycle in the Egyptian market. The head of the poultry division revealed that the price of chicks also decreased from 30 pounds to 19 pounds for the white chick, and 17 pounds for the sasso chick in farms, and the price of the hybrid chick decreased to 8 pounds, as well as 8 pounds for the municipal chick. He pointed out that the rates of decline in ...