Trade4go Summary
The article highlights the current trends in Egypt's poultry market, noting a slight decrease in white poultry prices to 88-90 pounds per kilo, while turkey and duck prices remain stable. The Ministry of Agriculture is focusing on increasing poultry exports to Saudi Arabia and Kuwait, building on successful market entries in the UAE and Oman. Egypt produces 1.4 billion chickens and 13 billion eggs annually, with the sector employing over 2.5 million workers and involving investments of around 90 billion pounds. The government is also promoting integrated poultry projects in desert areas to further boost the industry.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
It fell by about two pounds to reach around 75 and 76 pounds per kilo on the farm, according to the head of the Poultry Wealth Division at the Cairo Chamber of Commerce, Abdel Aziz Al-Sayyed, and the volume of local consumption of white poultry is recorded at 150 thousand tons per month, and a kilo of hips reached 95 pounds. The Ministry of Agriculture aims to increase poultry export rates by entering the Saudi and Kuwaiti markets during the current year, after its success in entering the UAE and Oman last year. White poultry prices The prices of white poultry fell by about two pounds, starting from 88 to 90 pounds per kilo for the consumer, depending on the region, and the average annual local production volume of poultry is about 1.4 billion chickens, according to statements by Al-Sayyid Al-Qusair, Minister of Agriculture. Egg production recorded 13 billion eggs annually, according to Abdel Aziz Al-Sayed, head of the Poultry Wealth Division at the Cairo Chamber of Commerce. ...
Almalnews
Jul 28th, 2024
