Egypt: Brazilian chickens filled the Ramadan gap, but local prices are high

Published 2023년 3월 21일

Tridge summary

Dr. Tharwat Al-Zeini, a senior executive in Brazil's Federation of Poultry Producers, discussed the current status of poultry pricing and availability in the Arab countries ahead of Ramadan. He explained that while poultry supplies have been replenished in time for the holiday, prices remain high due to the significant cost of animal feed, particularly corn and soy. The high costs are exacerbated by limited releases and existing tariffs, leading to a black market where prices are doubled. Al-Zeini emphasized the critical need for addressing this crisis comprehensively to ensure the sustainability of the poultry industry, highlighting the importance of affordable feed to keep producers operational.

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Original content

Dr. Tharwat Al-Zeini, Vice President of the Federation of Poultry Producers, confirmed that Brazilian chickens have bridged the gap for entering the month of Ramadan, but poultry prices are still high and are linked to the cost of fodder, and the crisis must be resolved entirely, not partially. Al-Zaini said, during a telephone conversation with the media, Lamees Al-Hadidi, on the Last Word program on Channel One, that there has been a balance in prices during the past days, as the price of a kilogram of poultry ranges between 69 and 70 pounds, the price of a farm and eggs is 94 and 95 pounds, and there were expectations of an increase in prices with the beginning of Ramadan. Al-Zaini added that there are also significant declines in the prices of chicks, which is not a good indicator, because there are reluctance to enter new breeds, which are linked to the quantities of fodder, as the price of a ton of corn reached 20 thousand pounds, and a ton of soy reached 36.5 thousand ...

Source: Almalnews