Egypt: State provision of feed eliminates the import mafia

Published 2023년 1월 8일

Tridge summary

Poultry prices in the local market have increased due to high feed prices and production requirements, according to the Poultry Producers Union. The price of a kilo of white chicken at the farm ranges from 51-52 pounds, while the consumer price varies depending on the region. The union has warned of the high prices and decreased supply of poultry due to a feed crisis and increased intermediate links in the supply chain, leading to higher prices for the consumer. The union has urged the state to import and provide raw materials at cost prices to eliminate the import mafia and for breeders to continue farming. Egypt produces about 1.6 billion birds annually, achieving self-sufficiency, and the industry employs nearly 3 million workers with investments worth about 100 billion pounds.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Today, Sunday, January 8, 2023, poultry prices witnessed a rise in the local market, as the price of a kilo of white chicken at the farm ranged between 51 and 52 pounds per kilo, while the price for the consumer ranged around 56 pounds, depending on the region. For his part, Dr. Tharwat Al-Zeini, Vice President of the Producers Union said Poultry, in a special statement to Akhbar Al-Youm portal, that the high prices of poultry and its products are due to the mechanisms of supply and demand, pointing out that the decrease in supply led to an increase in prices due to the high prices of feed and production requirements. He continued, that during the last period he repeatedly warned of the high prices of poultry. And the decrease in its supply due to the feed crisis and the volumes of breeders from introducing new poultry flocks for breeding and the increase in intermediate links between merchants is one of the reasons, as each one of them determines a profit margin for him because ...
Source: Akhbarelyom

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