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Poultry Producers Exit Due to Losses

Poultry Producers Exit Due to Losses

The article discusses the current situation of chicken and egg prices in Egypt. The Head of the Poultry Division at the Chamber of Commerce confirmed that chicken prices are stable, ranging between 67 and 68 Egyptian pounds at the farm, and reaching consumers at around 80 pounds. Meanwhile, egg prices have increased to 120 pounds. Production costs have also risen due to the increase in the US dollar exchange rate, with feed prices rising by between 500 and 600 pounds, and the cost of feed reaching 23,000 to 25,000 pounds per ton. He noted that some producers have exited the production system due to low profits, as some poultry farmers are selling eggs at a loss, despite costs ranging between 105 and 107 pounds. He emphasized that supporting producers through the establishment of fair prices is crucial for maintaining market stability. Additionally, there is an expectation of increased costs during the winter due to heating and the emergence of epidemic diseases, which could raise overall expenses and pose further challenges to the market.

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