Tridge summary
Egypt has seen a significant increase in poultry prices, with the cost per kilo rising by around 4 pounds to range between 69 and 70 pounds for farm produce, and 83 to 85 pounds for consumers. In response, the Ministry of Agriculture is planning to expand poultry exports to Saudi and Kuwait, following successful entries into the UAE and Oman markets. The country's annual local poultry production is approximately 1.4 billion chickens, and the sector employs over 2.5 million workers with an investment of about 90 billion pounds. The government is also promoting the creation of integrated poultry projects in desert areas. Meanwhile, duck prices have remained stable, and Egypt continues to import turkeys due to insufficient local production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
It jumped by about 4 pounds to range between 69 and 70 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 average annual local production of poultry is about 1.4 billion chickens, according to statements by Sayed El Quseir, Minister of Agriculture. White poultry prices White poultry prices increased by about 4 pounds to range between 83 and 85 pounds per kilo for the consumer, depending on the region. The volume of investments in poultry farms operating in the Egyptian market amounts to about 90 billion pounds, and more than 2.5 million workers work in the sector. According to statements by Abdel Aziz El Sayed, head of the Poultry Wealth Division at the Cairo Chamber of Commerce, the individual share of ...
Source: Almalnews
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