Egypt: Poultry prices stabilized on Saturday, March 25

Published 2023년 3월 25일

Tridge summary

Poultry prices in the local market have stabilized due to the release of feed ingredients and large imports of poultry. The price of white chickens at the farm is 66 EGP per kilo, reaching 70 EGP per kilo in stores, while red chicken (Sasso) is 110 EGP per kilo at the farm and 115 EGP per kilo in stores. The price stability is attributed to the recent release of feed ingredients and imports, following a potential increase due to the Russian-Ukrainian war's impact on feed prices and shipping costs. Egypt, which achieves self-sufficiency with its annual production of 1.4 million R poultry, has a labor-intensive industry that employs nearly 3 million workers and requires about 100 billion pounds in investments.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Today, Saturday, March 25, the third day of Ramadan 2023, poultry prices witnessed stability in the local market due to the recent release of quantities of feed ingredients during the last period, in addition to importing large quantities of poultry to control the markets. The kilo of white chickens at the farm recorded a new decrease today, bringing the price per kilo to 66 EGP and reaches the consumer in stores at 70 EGP per kilo, depending on the region. While the price of a kilo of red chicken (Sasso) in farms ranged at about 110 EGP per kilo and reaches the consumer at a price of 115 EGP. The price of municipal chickens in the farm was 100 EGP per kilo, and the consumer price ranged from 105 For his part, Dr. Tharwat El-Zeini, Vice President of the Poultry Producers Union, said that the rise in the prices of white poultry in Egypt is due to the rise in the prices of feed and production requirements globally due to the Russian-Ukrainian war and the high costs of shipping and ...

Source: Akhbarelyom