The Minister of Supply explains the reasons for the low prices of Brazilian chicken compared to Egyptian chicken

Published 2023년 2월 27일

Tridge summary

The article explains the discrepancy in chicken prices between Egypt and Brazil, with Dr. Ali Al-Moselhi, the Minister of Supply and Internal Trade in Egypt, attributing the lower prices of Brazilian chicken to the significant increase in feed prices in Egypt, which has led to high production costs for local breeders. The high energy consumption required for breeding in cold weather conditions and the reduction in local fodder supplies have also contributed to the exit of many Egyptian breeders, further increasing the demand for imported poultry. To address this issue, the Egyptian government has taken steps to import large numbers of Brazilian chicks to mitigate the shortage in the local market.

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Original content

The Minister of Supply and Internal Trade, Dr. Ali Al-Moselhi, answered questions about the reasons for the low prices of Brazilian chicken compared to Egyptian chicken, on the sidelines of his participation in the Food Summit. The Minister of Supply said that the most prominent of these reasons is the rise in feed prices by about 100% and the difficulty of providing them to breeders in light of the recent crisis of the repercussions of the Russian-Ukrainian war. He added that the recent decrease in the quantities of fodder offered in the local market contributed to the departure of many breeders, in addition to the high cost of breeding in terms of production and hatching inputs. And he continued that the low temperatures and the cold weather led to a decrease in the quantities of poultry mothers and ...

Source: Almalnews