Poultry prices in Egypt: With the recovery of the sector and the increase in production within two months

Published 2023년 3월 4일

Tridge summary

The Egyptian government has imported large quantities of frozen poultry from Brazil to address the rising poultry prices and disconnect traffickers from the crisis. This move has led to a significant decrease in poultry prices, following a surge due to the high cost of feed resulting from the Russian-Ukrainian conflict. The government's intervention aims to alleviate the financial burden on citizens, especially during the high poultry consumption period of Ramadan. Critics, however, point out the high price of chicks and suggest a fair price to prevent significant losses for breeders. Additionally, the article discusses the importance of establishing a marketing company to ensure fair profits for breeders and reasonable prices for consumers, and the necessity of enforcing Law No. 70 of 2009 to prohibit the live circulation of birds.

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Original content

Yassin SabryIn a quick move aimed at alleviating the citizen’s burden, and sensing the noticeable rise in poultry prices, the government imported large quantities of frozen poultry from Brazil and put them in markets and consumer complexes to create a kind of balance in supply and demand and cut off the traffickers from the crisis. Egypt's annual production reaches 14 billion table eggs annually, while the volume of poultry production from the commercial sector reaches about 1.4 billion birds, while poultry production from the rural sector reaches about 320 million birds, and investments in the Egyptian poultry industry reach 100 billion pounds. Employment in this sector is about five million workers, and the number of poultry establishments (factories, feed, farms, outlets selling veterinary vaccines, slaughterhouses) reaches 42 thousand establishments, bearing in mind that the volume of production achieves self-sufficiency for Egypt with a surplus for export. However, this ...

Source: Akhbarelyom