Egypt: Poultry feed prices decreased by 1,300 pounds, following customs release decisions that affected poultry and egg prices

Published 2022년 12월 28일

Tridge summary

The article reports a significant development in the agricultural sector, with markets showing optimism following the decision to release accumulated goods from ports. This move has led to a reduction in the price of fodder by approximately 500 pounds per ton, bringing the cost down to 23,800 pounds from 25,000 pounds. This decrease is expected to stabilize poultry and egg prices. The article highlights the collaboration between the Chamber of Commerce, the Ministry of Agriculture, and other authorities to ensure the release of more fodder, aiming to further control prices and calm the markets. It also provides details on the current prices of various poultry products and eggs in the wholesale market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The markets are witnessing a state of great optimism, following the decisions to release the goods accumulated in the ports, and the saving of nearly $5 billion during the recent period, which directly contributed to calming the feed and poultry market. Sameh El-Sayed, head of the Poultry Division at the Chamber of Commerce, revealed that the prices of a ton of fodder decreased by about 1,300 pounds per ton, to record levels of 23,800 pounds, compared to levels close to 25,000 pounds, which provided the needs of farms and then a lull in the significant rise in poultry and egg prices. He added, in exclusive statements, that there is coordination with the Ministry of Agriculture and Trade and all concerned authorities to facilitate the release of other quantities of fodder during the next few days, which contributes to controlling prices and calming the markets. The price of white chicks is 43 pounds at the farm, the price of sasso is 57 pounds, white chicks 1.75 to 2 ...
Source: Youm7

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