Poultry Division Explains Rising Chicken Prices
Recently, poultry prices in Egypt have increased aimed at correcting the market after a long period of decline and losses. The cost of producing one kilogram has reached around 72 pounds, while it was sold for less than that. The head of the Poultry Chamber confirmed that this increase is intended to balance the market and address the losses suffered by producers over the past eight months, which resulted from selling poultry below production costs, especially given the rising prices of feed and breeding expenses. He indicates that exchange rate stability and market needs should be considered when determining a fair price, while insisting that prices should not be raised without genuine justification to ensure a balance between the rights of producers and consumers.
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