Egypt: Feed prices today, Sunday 11-20-2022

Published 2022년 11월 20일

Tridge summary

Feed prices in Egypt have fluctuated, with imported corn seeing a decrease of 100 pounds to 9,550 pounds per ton, while soybean meal and seed raw materials remained stable. Imported gluten price increased by 1,000 pounds to 33,000 pounds due to its high protein content compared to local gluten. The high prices of poultry feed and its inputs, such as soybean, gluten, and corn, are attributed to the lack of quantities entering Egypt from global markets, global inflation, the increase in the value of the dollar, and the Russian-Ukrainian war.

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

Original content

Feed prices witnessed a variation today, Sunday 11-20-2022, and the price of a ton of imported corn decreased by 100 pounds, recording 9550 pounds per ton, while the prices of soybean meal and seed raw materials held together, and a ton of imported gluten recorded an increase of 1000 pounds, to record 33 thousand pounds, and soy, corn and sunflower are the most prominent components Poultry feed. Traders explained that the imported gluten reached 33 thousand pounds with 60% protein, while the local gluten reached 32 thousand pounds per ton, and gluten is one of the most important feed ingredients. Feed raw materials prices Traders emphasized that the imported corn, which is the most important raw material for the production of final fodder, recorded EGP 9,550 in Argentine/Brazilian corn varieties instead of EGP 9,650, with global prices continuing to decline, local inflation and an increase in the dollar exchange rate. Traders reported that the price of Ukrainian / Romanian corn ...

Source: Almalnews