Egypt: Prices of imported feed and raw materials today, Monday, November 4, 2024, after the rise in corn

Published 2024년 11월 4일

Tridge summary

On Monday, 4-11-2024, the United States saw a notable increase in the prices of feed and raw materials, impacting a wide range of agricultural products including broiler, laying hen, livestock, duck, rabbit, quail, turkey, camel, horse, and ostrich feed. The rise in prices is largely attributed to global market trends, with key factors such as the Russian-Ukrainian conflict, the conversion of corn into fuel in North and South America, and the liberalization of the dollar exchange rate contributing to the overall price surge. Specifically, broiler feed prices fluctuated between 18,500 and 22,000 pounds, while soybean meal prices increased, and the cost of imported corn also rose. Dr. Abdel Aziz El-Sayed, the head of the Poultry Wealth Division at the Cairo Chamber of Commerce, confirmed these price fluctuations, highlighting the significant impact on poultry feed prices, which vary depending on the quality and protein percentage of the feed, as well as the inclusion of freight costs.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Feed and raw materials prices rose today, Monday 4-11-2024, as broiler feed prices fluctuated between 18,500 and 22,000 pounds for broiler feed of the Badi type in the markets, according to a number of factories during today's transactions, as an average of trading. Feed prices Traders reported that the price of a ton of laying hens feed ranged between 15,500 and 17,000 pounds, livestock feed 13,700 to 15,500 pounds, duck feed 17,300 pounds, rabbit feed and sheep feed 14,500, pigeons 15,500, quail feed 17,600, turkey feed 21,500 pounds, camel and horse feed 14,500 pounds, ostrich feed 21,000 pounds, and concentrates 26,500 pounds. Traders added that the price of imported Brazilian and Argentine yellow corn - the raw material for fodder - is 12,200 pounds, Ukrainian, Serbian and American corn is 11,900 pounds per ton, and Argentine corn flakes is 12,800 pounds, an increase of 100 pounds. Today's fodder prices Traders reported that the price of a ton of chopped cotton seeds is ...

Source: Almalnews