2023-05-19 13:41:00
04:41 PM
Friday, May 19, 2023
I wrote – Sherine Salah:
The price of a carton of eggs decreased by 9 pounds at once at the farm yesterday, Thursday, to record the average price of a carton regarding 78 pounds, compared to 88 pounds last Sunday, according to Dr. Tharwat Al-Zeini, Vice President of the General Federation of Poultry Producers, to Masrawy.
Al-Zaini expected prices to drop in the markets following this decline in the value of the carton in the farm, and the average price of the cards in the markets ranges between 105 and 107 pounds, according to the type and the region in which it is sold.
Al-Zaini attributed the decline in prices to the decrease in the purchasing power of citizens and the decline in demand during the current period, in addition to the decrease in fodder prices during the past two days.
This decline caused greater losses for poultry breeders during the current period, as cartons of eggs are sold at a price much lower than the cost of production, according to what Al-Zaini told Masrawy.
The Table Eggs Division previously announced that the fair price of an egg dish is 128 pounds, while it is sold to farms for much less than this price.
The price of a ton of yellow corn decreased to between 14,800 pounds and 15,000 pounds over the past two days, compared to 20,000 pounds, and the price of a ton of soybeans fell to between 39,000 pounds and 39,500 pounds, compared to a price that reached 43,000 pounds, according to Abdel Aziz Al-Sayed, head of the Poultry Division of the Chamber. Commercial Cairo earlier for Masrawy.
Al-Sayed attributed the decrease in prices to the lull in purchase demand during the current period.
Egypt produces regarding 1.6 billion birds annually, and this production achieves self-sufficiency by regarding 95%, and the gap between production and consumption does not exceed 5%, according to previous data from the Poultry Division of the Chamber of Commerce.
Read also:
Poultry Division: Decline in feed prices in the markets with the calm demand
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