20% decline in the price of eggs… and chicken prices are stable thanks to the decrease in the price of feed



Tuesday 03/December/2024 – 10:45 AM

Engineer Mustafa Al-Sayyad, Deputy Minister, said AgricultureThe Ministry has taken many measures to control the prices of broiler chickens and table eggs in the markets. Indeed, the prices of table eggs have declined by about 20%, and poultry prices have stabilized.

He explained that the coming period will witness a further decline in prices, especially after monitoring the highest occupancy rates for poultry farms after the decline in chick prices and the availability and decline of feed prices, which represent about 70% of the total operating expenses and production costs.

Agriculture: 20% decline in the price of eggs

He confirmed in a statement to Agriculture that committees have been sent to poultry farms to follow up on the field and implement the minister’s instructions to overcome the obstacles facing small breeders and farm owners of stalled poultry (fattening or table egg production) or whose owners wish to raise their efficiency, and convert them from the open breeding system to the closed system. Increasing its production capacity and improving the economic return for carrying out the necessary technical studies, and sending it to the bank to finance it with 5% soft loans.

For his part, Dr. Tariq Suleiman, Head of the Livestock and Poultry Development Sector at the Ministry of Agriculture, said that the sector is communicating around the clock with farm owners to follow up on the implementation of the directives of the Minister of Agriculture during his meeting with poultry producers last week with the aim of studying the problems of farm owners and working to overcome them by restarting the stalled farms and also increasing Operating existing farms with a simple and easy interest rate of 5%.

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