Poultry prices on the rise in Jordan

Published May 27, 2022

Tridge summary

The Jordanian government has addressed concerns over high chicken and egg prices, blaming increased production costs and global market trends. Despite claims of monopolistic practices, the government assures of adequate competition and a surplus in poultry production. The recent price surge is attributed to rises in feed prices and global market trends, with Jordanian prices being lower than neighboring countries. The government has also done away with price ceilings set during Ramadan. The Ministries of Industry, Trade and Supply and Agriculture are working to maintain market equilibrium and prevent excessive pricing.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

São Paulo – The government of Jordan released a statement earlier this week on chicken prices. This came following a campaign on social media to boycott the consumption of poultry and eggs due to the high prices. Food prices have risen significantly across the world this year due to the pandemic and the Russian war. State news agency Petra reported that the Ministries of Industry, Trade and Supply and Agriculture said in a joint statement that there are no monopolist practices for poultry in the Jordanian market, and that there are many producing companies and imports available from abroad. Brazil exports poultry to Jordan. “There is sufficient local production of chickens, as about 700,000 chickens are supplied daily to the market, whether fresh or live, in addition to the frozen chicken imported,” the statement said. The ministries indicated that Jordania’s poultry production meets the market’s need and there is even a surplus of it. The ministries explained that the hike in ...
Source: Anba

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.