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Egypt - Large increase in feed prices causing "a stop" in 40% of poultry farms - Novermber 7, 2015

sharon sanders

Editor-in-Chief & President
Dollar cause the stop 40% of the poultry farms in Egypt


WROTE: KHALED OMAR - LAST UPDATED SATURDAY, NOVEMBER 7, 2015 - 19:53 PM CAIRO
POULTRY FARM-ARCHIVAL

Well-informed Egyptian sources confirmed that high feed prices due to the recent jumps in the dollar exchange rate and stop the import of production inputs caused a stop about 40% of the farms.
The President Abdelaziz Division of poultry in Cairo Chamber of Commerce, Mr. At his press statement today Sbt- that there are expectations of an increase of white poultry prices over the next few days by ranged between 35% and 40%.
"Abdul Aziz" and said that the rise was the result of high production input prices, particularly feed, which rose from 3 thousand pounds "373.5" per ton to 5 thousand pounds "of $ 622.6", and high mortality rates in poultry for more than 20%.
According to the head of the Division of poultry poultry prices have already risen during the past few days to about 16.5 pounds "of $ 2.06," the farm, after that was up to 12 pounds "of $ 1.49."
And it allowed the Central Bank of Egypt fall in the price of the pound against the dollar gradually by about 0.79 pounds, since January.
In spite of the central peg the dollar since last October 18 at 8.03 pounds, the prices in the informal market, "black" is still moving in the range high for the official price, amid a decline in supply by banks

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