Egypt: Egg prices rose for the second day in a row in the markets

Published 2022년 11월 29일

Tridge summary

Red and white egg prices in Egypt have increased for two consecutive days, with a carton now costing 66.75 pounds for both red and white eggs, and 73.75 pounds for municipal eggs. This price increase follows a period of declining egg prices due to reduced demand for chicks and concerns over feed crises. The government is working with the Central Bank to ensure sufficient fodder release, having already released 876 thousand tons of corn and soybeans worth $432 million since mid-October. Egypt achieves 95% self-sufficiency in bird production, with the annual production being 1.6 billion birds.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Books - Mustafa Eid: The prices of red and white eggs rose during trading today, Tuesday, for the second day in a row, according to data from the General Union of Poultry Producers. The price of a carton of red and white eggs increased by two pounds today compared to its level yesterday, for the second day in a row, after yesterday the price of a carton of eggs in general, including the municipal ones, increased by two pounds as well, according to the data of the Poultry Producers Union Facebook page. Egg prices today The price of a carton of white eggs: 66.75 pounds. The price of a carton of red eggs: 66.75 pounds. The price of a carton of municipal eggs: 73.75 pounds. And the prices of eggs witnessed a decline during the past weeks before this rise, which the Egg Division of the Poultry Producers Union attributed to the increase in the supply of eggs as a result of the lack of demand for buying chicks, which made producers reluctant to hatch eggs and sell them in the markets. ...
Source: EGmasrawy

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