January 23, 2023… Stability of poultry prices in local markets, and a slight increase in egg prices

January 23, 2023… Stability of poultry prices in local markets, and a slight increase in egg prices
January 23, 2023… Stability of poultry prices in local markets, and a slight increase in egg prices
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Mohamed Fawzy

Posted on: Monday, January 23, 2023 – 4:26 PM | Last update: Monday, January 23, 2023 – 4:26 PM

The prices of white poultry stabilized at the farm gate during today’s trading, Monday, January 23, 2023, as the price per kilo was 59 pounds at the farm gate, according to Abdel Aziz El-Sayed, head of the Poultry Wealth Division at the Cairo Chamber of Commerce.

According to al-Sayed, prices reach the final consumer at 65 pounds per kilo of white poultry, and the price of thighs ranges between 66 and 67 pounds per kilo, and the price of a kilo of dairy is 153 pounds, indicating that these prices may vary slightly from one region to another, according to supply and demand mechanisms.

Al-Sayed attributed the rise in prices to the decrease in supply during the current period, which is the main reason for the rise in prices, in addition to the stability of fodder prices at very high levels.

He pointed out that despite the high prices of poultry on the farm, this price is considered very appropriate in light of the cost of production and current feed prices.

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He added that poultry prices usually rise in the winter due to the increase in heating costs and the high cost of medicines and vaccines.

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He explained that in the past months, all producers were reluctant to enter new cycles, and at the same time, “mothers” poultry were sold, which led to a decline in production during the current period.

He stated that a fair price for production inputs and the selling price of poultry at the farm gate must be determined to attract producers again to return to the sector, pointing out that the producer needs to regain confidence again, after more than 4 months he was subjected to heavy losses.

The price of white eggs increased by one pound at the farm gate during the day’s trading, to reach 87 pounds per carton compared to 86 pounds, and the prices of red eggs stabilized to record 89 pounds.

Al-Sayed stated that the prices of eggs reach the final consumer at a price ranging between 97 and 103 pounds per carton.

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