Decline in feed and raw material prices in Egypt on Thursday, 8-15-2024

Published Aug 16, 2024

Tridge summary

On Thursday, 8-15-2024, the prices of imported feed and raw materials for agricultural production saw fluctuations, affecting the cost of various types of poultry and livestock feed. The prices ranged from 14,800 to 28,000 pounds per ton, with broiler feed and turkey feed being the most expensive. The price fluctuations were attributed to the global stock exchange trends, the ongoing Russian-Ukrainian war, and the increase in global fuel prices, which are encouraging major producers to convert corn into fuel. The head of the Poultry Wealth Division at the Cairo Chamber of Commerce highlighted that the final feed price for each type of fodder varies among factories based on quality, protein percentage, and freight costs.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The prices of imported feed and raw materials fluctuated today, Thursday 8-15-2024, with the prices of broiler feed currently ranging between 19,100 pounds and 21,200 pounds for broiler feed in the markets, according to a number of factories. Feed Prices Traders confirmed that the price of a ton of layer poultry feed ranged between 16,500 and 19,300 pounds, livestock feed 16,000 and 16,500 pounds, duck feed 16,600 pounds, rabbit feed and sheep feed 14,800 pounds, pigeon feed 19,400 pounds, quail feed 20,800 pounds, turkey feed 22,600 pounds, quail feed 22,000 pounds, camel and horse feed 15,000 pounds, ostrich feed 22,100 pounds, and concentrates 28,000 pounds. Traders indicated that the price of imported Brazilian and Argentine yellow corn - which is the raw material for feed - is 11,900 pounds, Ukrainian, Serbian and American corn 11,300 per ton, and Argentine corn flakes 12,600 pounds. Traders added that the price of a ton of chopped cotton seeds is EGP 23,000, flaxseed meal is ...
Source: Almalnews
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