News

Poultry and egg prices jumps in Kuwait

Meat
Dairy
Frozen Whole Chicken
Chicken Egg
Kuwait
Published Mar 27, 2023

Tridge summary

The month of Ramadan can be considered the month of live chicken, because of its popularity as a desirable food commodity due to its delicious taste, and the ease and speed of cooking it as well as the consumer confidence in its source and the method of slaughtering. However, its high price deprives families with limited income of buying it, as the price of one kilogram of chicken has jumped to KD 1, and the cost of one tray of eggs has jumped to KD 1.5, due to the huge boom in subsidized corn prices, which have increased about four times, reports Al-Rai daily.

Original content

According to the Chairman of the Board of Directors of Al-Mubarakiya Poultry Company Tawfiq Al-Saleh, Kuwait has seven companies working in the field of poultry and egg production. These companies are capable of meeting 60 percent of the market’s need for poultry and 120 percent for eggs. The price of subsidized corn rose from KD 30 per ton to KD 118, after the Public Authority for Agricultural Affairs and Fish Resources (PAAAFR) reduced the subsidy for this material. This has contributed to an increase in the price of live chicken and eggs by 70 percent. Al-Saleh highlighted other factors for the rise in prices besides the change in the price of subsidized fodder. They include increases in rents, wages, costs of maintenance work, and the materials that chickens need such as soy, food concentrates, medicines, etc. He called on PAAAFR and the Kuwait Flour Mills Company to revert to the previous status of corn subsidies so that the prices of live chicken and eggs can be reduced. ...
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