Abdel Aziz El-Sayed, Head of the Poultry Wealth Division at the Cairo Chamber of Commerce, said about what was recently raised about the high prices of a carton of table eggs to 120 pounds with the entry of schools. This is not in line with the state’s trend towards forage crops and increasing their area.
He added that the feed prices reached 13,600 pounds per ton, which is an exaggerated figure, as the price of corn locally was 7,500 pounds per ton, bringing its price to 10,500 pounds per ton after only a week, which is an illogical rise and large price differences in a very short period of time and increases for unknown reasons. .
In his exclusive interview with Al-Ahram Gate, El-Sayed called on the state to increase control over the sale price of fodder, as well as to tighten control over importers in order to eliminate their control over prices and raise the value of feed to unjustified high levels.
He added: The state should also quickly release the containers of fodder held in customs and facilitate procedures, which the state has already started about a week ago.
He noted that there are presidential instructions to increase the agricultural area of corn in order to meet its shortage at home and import pressure and reduce the prices of poultry and table eggs, as we are not exaggerating when we say that poultry and egg producers suffer great losses due to the high prices of feed, which threatens the exit of small breeders from the production system. For poultry and eggs, which contradicts the state’s tendency to encourage local production and industry and pressure imports.
The head of the Poultry Wealth Division at the Cairo Chamber of Commerce inquired about the financial fine of 500 million pounds promised by the Competition Protection Authority and the Prevention of Monopolistic Practices, in the event of talking about the price levels of food commodities, but what did the agency provide to the consumer, breeder and trader when the price of corn reached 7,500 pounds per ton to 10700 pounds per ton?
He pointed out that the price of a carton of eggs in the farm reaches 63 pounds for white and red eggs, and 70 pounds for the consumer for both types.
Al-Sayed recommended activating the role of the supervisory bodies over the circulation of table eggs until they reach the consumer.
Finally, Abdel Aziz stressed the need to establish a major commodity exchange from which a group of stock exchanges would emerge, distributed in all governorates of the Republic, to determine the cost of production on the ground, and then determine prices and profit margins and control the local market.