11:46 p.m
Wednesday 08 February 2023
I wrote – Dina Khaled:
The prices of local, white and red eggs jumped today, Wednesday, at the farm, compared to their levels on Tuesday, according to data from the General Union of Poultry Producers on its Facebook page.
Egg prices today
The price of a carton of white eggs: 98.75 pounds, an increase of two pounds.
The price of a carton of red eggs: 98.75 pounds, an increase of one pound.
The price of a carton of municipal eggs: 115.75 pounds, an increase of 3 pounds.
The price of eggs witnessed several increases during the recent period, after its decline, which the division attributed at the time to a drop in demand, as this decline came after successive increases resulting from the lack of supply of eggs, and the continued high prices of feed, according to breeders who spoke earlier to Masrawy.
Last February, the Central Bank issued a decision to stop dealing with collection documents in all import operations and to use letters of credit instead, before rescinding this decision at the end of last year.
Importers and manufacturers suffered during the last period from a crisis of lack of production requirements due to the delay in opening documentary credits, and the slowness in managing the currency by banks, according to importers and manufacturers who spoke earlier to Masrawy, but Dr. Ports as normal.
The feed shortage crisis during the last period, due to the problem of the accumulation of goods in ports with the dollar shortage and the application of the documentary credits system, prompted some poultry farms to cull quantities of chicks, which sparked widespread controversy prompting the government to seek quick solutions to the crisis.
Egypt produces about 1.6 billion birds annually, and this production achieves self-sufficiency by about 95%, and the gap between production and consumption does not exceed 5%, according to data from the Poultry Division previously.
