Poultry Division: The continued increase in feed prices threatens small farmers in Egypt
Egypt
Published Jan 19, 2021
Tridge summary
The repercussions of the escalating Corona crisis have caused an increase in the price of fodder needed for small and home poultry farms, which represent 70% of the production capacity in Egypt, and 40% is expected to formally exit the sector in the event that the price increase continues, according to Abdulaziz Al-Sayed, head of the poultry division.
Original content
Al-Sayed confirmed in exclusive statements to Al-Mal newspaper that the rise of a ton of soy feed to 11.6 thousand pounds compared to 11 thousand pounds during the end of last year will lead to an exit of 40% of the sector's strength, especially with the severity of the cold climate that requires expensive heating and care, even if some have left. It really got out. Al-Sayed had said in previous statements to the “Al-Mal” portal that the price of poultry fodder had risen to 8,000 pounds per ton compared to 7,600 pounds within 9 days. Read also the price of eggs today 1-14-2021 in Egypt, and Al-Sayyid emphasized that the price of a ton of imported corn is now 5,000 An increase of 200 pounds within a few hours is due to the continuing repercussions of the Corona crisis and Argentina's ban on corn exports, and thus the suffocation of global markets. Al-Sayed added that the small breeder specializing in fattening chicks only is the most loser, unlike the large companies, which produce ...
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