News

Egg prices on 4/15/2024 in Egypt

Egypt
Market & Price Trends
Innovation & Technology
Published Apr 15, 2024

Tridge summary

The poultry sector in Egypt is witnessing significant stability and growth, with an investment volume reaching 90 billion Egyptian pounds and employing 2.5 million people, as noted by Abdel Aziz Al-Sayed of the Cairo Chamber of Commerce. The government's allocation of 19,000 acres in four governorates for poultry investments and its focus on renewable energy for production underscore the sector's expansion efforts. Egg prices have stabilized, and initiatives are in place to boost production and exports, including a comprehensive poultry project in Fayoum Governorate. With an annual egg production of 13 billion, ensuring a per capita share of 130 eggs, the sector is also taking steps to control diseases and enhance veterinary vaccine production capacity to facilitate exports.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The head of the Poultry Wealth Division at the Cairo Chamber of Commerce, Abdel Aziz Al-Sayed, confirmed the stability of 155 and 157 pounds per plate on the farm, and the number of breeders working in the sector ranges between 50 and 60 thousand establishments, including 20 large companies, with an investment volume of up to 90 billion Egyptian pounds, according to data from the Poultry Producers Union. . The state has developed a plan to boost the poultry sector, including encouraging the establishment of integrated projects in desert areas. Nine areas in four governorates, with a total area of 19,000 acres, have been allocated for poultry investment. The project implementation plan includes the stages of hatchery, production, slaughterhouses, fodder production, waste recycling units, and integrated agriculture. Egg prices today Today, egg prices stabilized at 165 pounds per white plate for the consumer, and the Poultry Producers Union called on the Ministry of Trade and ...
Source: Almalnews
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