Ukraine: Egg prices may rise by another 10-15%, the expert said

Published 2024년 11월 11일

Tridge summary

Egg prices in Ukraine are expected to increase by 10-15% in November-December due to seasonal factors and rising costs of fodder, feed additives, and other inputs. The head of the public union 'Interregional Union of Poultry and Feed Producers of Ukraine' Vadim Shiyan attributes the increase in fodder prices to drought, which has reduced grain yield. After the New Year holidays, egg prices are predicted to fall slightly, but are expected to rise again before Easter. This price hike is due to the justification of cost price by manufacturers and the closure of many poultry farms due to unprofitability. Similarly, bread and chicken prices in Ukraine are also expected to increase by 10-15% due to rising production costs.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In November-December, egg prices will rise by another 10-15%, but after the New Year holidays, the price of this product should fall. The head of the public union "Interregional Union of Poultry and Feed Producers of Ukraine" Vadim Shiyan told about this in a comment for "Ukrinform". "The increase in prices is seasonal, but it is also ensured by the fact that the prices of fodder, feed additives, the dollar exchange rate, electricity, fuel and lubricants, logistics have all gone up in inflation," the expert explained. Shiyan emphasized that the reason for the increase in the price of fodder is the grain component, because due to the drought this year, the yield has significantly decreased compared to previous years. Therefore, he predicts that eggs will rise in price by about 10-15% by the New Year. "Manufacturers calculate the cost price. After all, they leave some kind of margin. For them, the price is justified so that the industry can work. And so many poultry farms have ...
Source: Unian

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