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Thndr Claps » EGY Claps » Food & Beverage 🍕 » Chicken feed prices affect poultry market🐣

Chicken feed prices affect poultry market🐣

by Shams Abbas
October 16, 2022

The Clap
The poultry market has been hit in its own way by the import crisis, where chicken feed prices are now biting into costs.

Deets
Current chicken prices are now costing chicken breeders up to EGP 10/chicken, according to sources, & other feedstock prices are higher than they’ve ever been.

So what
Egypt only produces 25% of the feedstock needed for chicken, & imports the other 75%.

Now what
Despite the import crisis & increasing costs, the poultry market reportedly has an oversupply of chicken, but that’s due to breeders unable to feed them & so they’re selling them early.

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