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Farmer Syndicate Explains Bean Price Rise
Hussein Abu Sadaam, the Head of Farmers Syndicate, anticipated that green bean prices in the markets will rise in the coming period, possibly reaching 50 pounds per kilogram and potentially exceeding that to 60 pounds for consumers, due to decreased supply and increased demand. He pointed out that the price of green beans has already risen close to 40 pounds in some markets, which is attributed to the small cultivated area of 50,000 feddans and a yield per feddan ranging between 3 and 5 tons, with an total annual production of around 250,000 tons. The article explains that the price increase is primarily caused by the decline in supply and the surge in demand, putting pressure on the market and leading to higher prices.
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