23 Hrs
Source:
المصري اليوم
_1777352142843_145525226.png&w=64&q=75){kind=small}
_1777352244987_250242181.png&w=64&q=75){kind=small}
Egg prices may follow 2022 pattern
The article indicates that the recent increase in table egg prices is a correction in cost adjustments, not a boost in the real price. This is because the production cost at the farm exceeded 100 pounds per carton, whereas it was previously sold between 60 and 80 pounds. Experts attribute the rise to higher prices for imported feed, which increased from 11,000 to 15,700 pounds per ton for corn, and from 19,000 to 26,000 pounds per ton for soybeans. This led to significant losses for producers and some exiting the market, resulting in reduced supply and higher prices. They advocate for establishing a fixed pricing formula that links production costs to selling prices, and holding a pricing committee every three months to set a fair price, with market stability expected soon.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)