Poultry and egg prices jumps in Kuwait

Published 2023년 3월 26일

Tridge summary

The article explores the significant rise in the cost of live chicken and eggs in Kuwait during Ramadan, with the price of chicken reaching KD 1 per kilogram and a tray of eggs costing KD 1.5, a 70% increase largely due to a fourfold rise in the price of subsidized corn. Despite these high prices, there is still strong demand, particularly for halal slaughter. The article highlights the role of other factors such as rent, wages, and the cost of chicken food in the price increase and urges the Public Authority for Agricultural Affairs and Fish Resources (PAAAFR) to reconsider its corn subsidy policy. It also emphasizes the importance of shop cleanliness and transparency in the slaughter and sale of chicken to ensure consumer safety and confidence.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

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. 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 ...

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