And he added, during a phone call to the “End of the Day” program, broadcast on the “An-Nahar” satellite channel, on Saturday evening, that the balance in the prices of poultry and table eggs comes from production, noting that the fodder represents 75% of the production process.
He mentioned that the huge rise in the price of red meat and the importation of 60% of it calls for attention to the poultry industry and a solution to its problems, stressing that Egypt is self-sufficient in poultry and eggs.
He pointed out that corn prices declined by EGP 3,000 per ton as a result of availability, stressing the importance of increasing soybean release rates, so that their prices would witness a further decline in the coming period.
He explained that the real cost of a ton of soybeans does not exceed EGP 23,000, according to the current foreign exchange rates, saying that the biggest decline in fodder prices encourages breeders to increase production rates.
He continued, “It is important to trust the breeder to enter and continue the production process, and owning a strategic stock of corn and soy makes the breeder feel safe, which allows for more abundance and price balance.”