Poultry sector sets fair price after 25% drop
The price of poultry decreased by 25% after Eid al-Adha, with the wholesale price of the white chicken reaching around 70 pounds per kilogram, and the retail price to consumers reaching 80 pounds. This decline is due to weak demand and consumers stocking up on meat, which is causing significant losses for producers. The head of the Poultry Division confirmed that the fair price should not be less than 85 pounds per kilogram at the farm level, reaching up to 95 pounds for consumers. He also emphasized the need to establish an organized poultry exchange to achieve market stability and set fair prices that align with production costs.
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