2 Days
Source:
بوابة الشروق
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Poultry Producers Face Long-term Losses
The article focused on the poultry market situation in Egypt, explaining that the recent rise in poultry prices is a correction rather than an unjustified increase. Its goal is to achieve a balance between production costs, which amount to approximately 72 Egyptian pounds per kilogram, and the current selling prices ranging between 58 and 60 pounds, after continuous losses sustained by producers over the past eight months. The report also noted that a consumer price of 90 pounds per kilogram is considered fair, given that there was a surplus in production amounting to 25% during the recent period, which led producers to temporarily suspend poultry farming. The article emphasized the importance of enhancing competition in the market through outlets like "Care On" and by regulating prices, as well as activating legal measures against price manipulation of poultry and eggs.
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