2 Days
Source:
بوابة الشروق
Poultry Head: Price Drop Unnatural, Losses 30 Pounds
Samah El-Sayed, Head of the Poultry Division at the Chamber of Commerce Union, stated that the current decline in poultry prices is due to increased supply and a surplus of over 200 million chickens, which has led to weak demand despite the drop in prices. He added that the current price is about 20 to 30 pounds below the cost of production, with the production cost reaching 75 pounds, while the prices of feed and the dollar remain stable. Producers are suffering significant losses, which is an abnormal situation in the poultry market.
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