Egypt: Pumping 20 thousand tons of red meat before Eid Al-Adha

Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, confirmed that it was agreed with the Ministry of Endowments to provide 10,000 tons of meat on the occasion of Eid Al-Adha to be distributed to the most needy. He explained that a similar amount would be pumped into consumer complexes, in addition to live sheep from Sudan, as well as slaughtered and cooled sheep. The price of which has not yet been determined. The Minister of Supply stressed that there is a strategic stock of frozen meat that is sufficient for four months, and of fresh meat for two years, as there are contracts with Sudan to supply red meat, with prices fixed at 65 pounds per kilo of frozen, and 85 pounds fresh. Al-Moselhi said. His ministry is working to increase the supply of meat at its outlets to reduce the gap between the price of meat in consumer complexes and the free market, which is witnessing increases due to the rise in global feed prices, especially yellow corn. Municipal meat prices in the ...