Tridge summary
Egypt's poultry sector is booming, with the government planning to expand exports to Saudi and Kuwaiti markets following success in the UAE and Oman. The sector, which has investments of nearly 90 billion pounds and employs over 2.5 million people, produces about 1.4 billion chickens annually. Consumer prices for white poultry range from 76 to 78 pounds per kilo, while turkey prices vary from 120 to 135 pounds per kilo due to importation. Duck prices are stabilized at 100 and 130 pounds per kilo, and Egypt produces 13 billion eggs annually.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
It settled at 65 and 66 pounds per kilo on the farm, according to the head of the Poultry Wealth Division at the Cairo Chamber of Commerce, Abdel Aziz El Sayed. The Ministry of Agriculture aims to increase poultry export rates by entering the Saudi and Kuwaiti markets during the current year, after its success in entering the UAE and Oman last year. The volume of investments in poultry farms operating in the Egyptian market amounts to nearly 90 billion pounds, and more than 2.5 million workers work in the sector. White poultry prices White poultry prices ranged between 76 and 78 pounds per kilo for the consumer, depending on the region, and the number of breeders working in the sector ranges between 50 and 60 thousand establishments, including 20 large companies, according to data from the Poultry Producers Union. The average annual local poultry production volume is about 1.4 billion chickens, according to statements by Sayed El Quseir, Minister of Agriculture. Today's turkey ...
Source: Almalnews
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