Feed prices in Egypt today, Wednesday, March 6, 2024, after unifying the exchange rate
Soybean Meal
Published Mar 7, 2024
Tridge summary
The prices of feed and raw materials have seen a significant decrease due to the decline in dollar prices on the black market and the release of imported raw materials by the Ministry of Agriculture. This includes a 1,000-pound drop in the price of a ton of fattening poultry feed and a 500-pound decrease in the price of imported corn. Other types of feed, such as cattle, duck, rabbit, sheep, pigeon, quail, turkey, fish, camel, horse, and ostrich feed, have also seen price reductions. However, the prices of feed raw materials like soybean meal, corn, and corn meal have been affected by the Russian-Ukrainian war, rising global fuel prices, and increased production in North and South America.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Feed and raw material prices continued to decline today, Wednesday, 3-6 - 2024, in light of the markets’ anticipation of a price correction wave after the liberalization of the exchange rate. The prices of fattening poultry feed were recorded during the current period, with a ton ranging between 25,200 pounds and 26,200 pounds for poultry fattening feed in the markets, with a decline of 1,000 pounds, according to a number of factories. After the decline in dollar prices on the black market and the Ministry of Agriculture announcing the release of imported raw materials. Traders reported that the price of a ton of laying poultry feed ranged from 19,500 to 21,700 pounds, cattle feed 8,500 and 17,250 pounds, duck feed 23,650 pounds, rabbit and sheep feed 17,300, pigeons 24,000, quail 28,000, turkey feed 31,000 pounds, fish feed 32,000 pounds, camel and horse feed 18,000 pounds, and fodder 18,000 pounds. Ostrich 33,000 pounds. Feed prices Traders confirmed that the price of imported ...
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