Egypt: Feed prices today after the decline in poultry prices

Published 2023년 2월 25일

Tridge summary

Fodder prices have remained stable despite a drop in poultry prices and fall in the prices of fodder raw materials such as corn. The average ton of poultry feed is 19,500 pounds for 23% protein. The price of corn has decreased by 250 pounds, leading to a decline in poultry prices and imports. The increase in fodder prices in the past was due to a global rise in prices of fodder raw materials and the rise of the dollar. The Ministry of Agriculture has implemented contract farming for maize for the first time, with fodder mills as the buying party. The price of a ton of fodder for some companies has risen due to high production input prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Fodder prices have witnessed stability during the past hours, despite the drop in poultry prices on the farm by 20 pounds, and the drop in the prices of fodder raw materials such as corn, which is what consumers are looking for through famous search sites. The average ton of poultry feed is 19,500 pounds for 23% protein allocated for broiler poultry. The prices of Brazilian and Argentine corn recorded 15,250 pounds, instead of 15,500 pounds, down 250 pounds, Serbian and American corn 14,700 pounds, and Bulgarian and Romanian 14,700 pounds. The price of apostasy recorded 9,750 pounds per ton, and 28,000 pounds for a local soybean seed. For his part, Abdel Aziz Al-Sayed, head of the Domestic Wealth Division at the Cairo Chamber of Commerce, revealed to Al-Mal that there has been a decline in the price of a ton of corn during the last period. As prices fell, during the past few hours, by 250 pounds, which led to a decline in poultry prices, as well as the import of Brazilian poultry. ...
Source: Almalnews

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