Poultry prices double before Ramadan
The prices of chicks experienced a sudden increase of 100%, with the price of a chick jumping from around 20 to 40 pounds. This reflects an unjustified rise and threatens to lead to higher poultry prices before the Ramadan season. The rising cost of chicks increases production expenses, and its impact on poultry prices is expected to become evident over the next two months, especially with the heightened demand during Ramadan. This increase raises concerns about the pressure of rising costs on consumers and underscores the need to monitor the chick market to ensure that these increases do not translate into higher red meat prices.
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