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Poultry Price Drop Leads to Chick Cull
The Egyptian poultry industry is facing a major crisis due to declining prices and shrinking profits. Many producers have been forced to cull chicks to avoid financial losses of up to 35%, as selling prices have fallen below production costs. The farm gate price per kilogram has reached 55 Egyptian pounds, while production costs are around 85 pounds, leading some to carry out individual chick cullings and causing hatchery and egg producers to exit the sector. Experts attribute this situation to increased supply and decreased demand, stemming from the impact of unregulated "Taybat" systems not approved by the government, as well as the reduced export demand, which accounts for only 1-4% of the excess production. This deterioration is expected to lead to a future shortage of supply, accompanied by unprecedented price increases, amid ongoing low demand and rising costs—posing a risk of the crisis worsening in the local market.
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