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بوابة الشروق
Local farm chicken prices rise by 6 pounds
Poultry prices at local farms rose by 6 pounds per kilogram today, reaching 61 pounds compared to 55 pounds yesterday, according to the Head of the Poultry Division at the Cairo Chamber of Commerce. Despite this increase, the price remains below the production cost, which is estimated at 75 pounds per kilogram, leading to significant losses for producers since the beginning of the year and threatening many with exiting the sector. The poultry market is expected to see substantial price hikes by the end of the year due to a decline in the number of producers and many leaving the market, even though exports have not significantly absorbed the surplus, accounting for no more than 1% of total production.
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