Egyptian Poultry Prices Show Signs of Stability, Offering Relief to Consumers
Cairo, Egypt – December 12, 2024 – A glimmer of hope shines on Egyptian dinner tables as poultry prices experience a slight dip, hinting at potential stabilization in the market. A comprehensive review conducted by the Poultry Stock Exchange and local and international price portals, in conjunction with the Council of Ministers, revealed a downward trend in white chicken prices on Monday.
“Knowledge lives in the minds of chicken lovers from day to day," the Council of Ministers stated, highlighting the importance of accessible and transparent pricing information for consumers.
This news is particularly welcome for Egyptians who rely on chicken as a staple source of protein. While the full extent of the price decrease remains to be seen, early indicators suggest a positive shift for consumers.
According to the latest figures, white chickens are currently priced between 68 and 69 Egyptian pounds per kilogram at the farm level, while consumers can expect to pay between 77 and 80 pounds per kilogram. "
Sasso chickens, a popular breed known for their meat quality, are also seeing a slight reduction, with prices ranging from 75 to 76 Egyptian pounds per kilogram on the exchange and reaching consumers at approximately 85 to 88 pounds per kilogram.
The Poultry Stock Exchange’s report also details the price variations for other poultry products:
- Mother chicks, essential for backyard breeders, averaged around 59 Egyptian pounds per kilogram at the farm, with consumer prices fluctuating between 65 and 70 Egyptian pounds.
- White chick prices saw a modest decline, dropping from 28 Egyptian pounds to 26.5 pounds in "flocks."
- Other chick varieties, including Sasso, local, hybrid, and second-generation chicks, also experienced price adjustments, ranging from 19 to 14 Egyptian pounds.
- Duck prices remained relatively stable, with French ducks averaging 60 to 65 Egyptian pounds, molar ducks between 65 and 75 pounds, and Muscovy ducks commanding a higher price of 100 Egyptian pounds.
Egg prices showed minimal variation. Red and white egg prices were reported at 146 Egyptian pounds per carton on the farm, while consumers could expect to pay approximately 155 pounds per carton for both varieties. Local eggs maintained their baseline price of 180 Egyptian pounds per carton.
The stability in poultry prices is welcome news for both consumers and the Egyptian poultry industry, which plays a vital role in the country’s food security. As weather patterns, global market forces, and domestic demand continue to fluctuate, careful monitoring of these prices will remain crucial in ensuring continued affordability and accessibility of this essential food source for Egyptians.
2024-12-01 22:29:00
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## Egyptian Poultry Prices Show Signs of Stabilization, Providing Relief for Consumers
**Cairo, Egypt – December 12, 2024** – After months of volatility, Egyptian consumers are experiencing a welcome reprieve as poultry prices show promising signs of stabilization. A recent report from teh Poultry Stock Exchange, corroborated by local and international price portals, indicates a slight dip in white chicken prices, offering a glimmer of hope for families grappling with rising food costs.
today, we delve deeper into these encouraging developments with Dr. Ahmed Khalil, a leading agricultural economist at Cairo university, and Ms. Nadia Ibrahim, a spokesperson for the Egyptian Poultry Farmers Association. Their insights shed light on the factors driving this stabilization, its potential impact on the Egyptian market, and what consumers can anticipate in the coming months.
### Declining Prices: A cause for Optimism?
**World-Today-News:** Dr. Khalil, the Poultry Stock Exchange report shows a noticeable decrease in white chicken prices. What factors are contributing to this positive trend?
**Dr. Ahmed Khalil:** Several factors are at play. We’re seeing increased poultry production, aided by improved breeding practices and favorable weather conditions. Additionally, the government’s recent initiatives to streamline feed supplies have helped reduce production costs for farmers, allowing them to offer more competitive prices.
**World-Today-News:** Ms.Ibrahim, how is this price decrease affecting poultry farmers?
**Ms. Nadia Ibrahim:** The stabilization is undoubtedly welcome news for the poultry industry. After facing challenging months due to rising input costs, this trend offers much-needed relief and encourages continued investment in the sector.
### Impact on Consumers: A sigh of Relief
**World-Today-News:** “Knowledge lives in the minds of chicken lovers from day to day,” as the Council of Ministers aptly put it. How does this price stabilization translate into tangible benefits for everyday Egyptians?
**Dr. Ahmed Khalil:** Lower poultry prices directly impact household budgets, especially for families who rely on chicken as their primary source of protein.This affordability translates to improved food security and overall well-being for millions of Egyptians.
**World-Today-News:** What can consumers expect in the coming months, Ms. Ibrahim?
**Ms. Nadia Ibrahim:** We are cautiously optimistic. As production continues to rise and the market stabilizes, we anticipate that prices will remain relatively steady in the near future.
### Looking Ahead: Enduring Growth
**world-Today-News:** Dr. Khalil, what are yoru predictions for the future of the Egyptian poultry industry?
**Dr. Ahmed Khalil:** “Egypt’s poultry industry has immense potential. **To ensure sustained growth, continued government support in areas like feed security, disease control, and access to financing is crucial.** This will help farmers optimize production while maintaining affordable prices for consumers.”
**World-Today-News:** Ms. Ibrahim, what message do you have for Egyptian consumers?
**Ms. Nadia Ibrahim:** “We are committed to providing high-quality poultry products at affordable prices. Your continued support and trust in the Egyptian poultry industry are crucial to our collective success.”
**Key Takeaways:**
The recent stabilization of poultry prices in Egypt offers a glimmer of hope for consumers and the poultry industry. While continued vigilance is necessary to navigate potential market fluctuations, the current trends are encouraging indicators of a brighter future for food security in Egypt.
**What are your thoughts on this positive development? Share your comments and join the conversation below.**
**For further insights into the Egyptian agricultural landscape,read our recent articles on:**
* Government initiatives to support local farmers
* The impact of global market trends on Egyptian food prices
