Haitham Abdel Basset, deputy head of the butchers division in the Chambers of Commerce, revealed the reasons for the high prices of meat, explaining that the feed inputs control the prices of meat.
He added, during a telephone conversation with the journalist, Ahmed Moussa, presenter of the “On My Responsibility” program, broadcast on Sada Al-Balad channel, that cooperation must be made between exporters and sellers to control prices.
Haitham Abdel Basset, deputy head of the butchers division in the chambers of commerce, confirmed that there is no purchasing power in meat due to the exaggeratedly high price of meat.
He explained that Egypt used to produce local meat by 60%, and after the departure of some local breeders, production decreased to 40%, while imports amounted to 60%.
Haitham Abdel Basset, deputy head of the Butchers Division in the Chambers of Commerce, expressed his hope that there will be hope in cultivating fodder similar to wheat, so that the cost of meat production will decrease.
Haitham Abdel Basset, deputy head of the Butchers Division in the Chambers of Commerce, expressed his hope that there will be hope in cultivating fodder similar to wheat, so that the cost of meat production will decrease.
He emphasized that 30% of the butchers left the system, in addition to 70% of the breeders who refrained from raising livestock after the price hike and the cost increase.
Haitham Abd al-Basit, deputy head of the butchers division in the chambers of commerce, pointed out that the price of a kilo of meat ranges between 350 and 370 pounds at butchers, and it is not rewarded with merchants, nor does it cover cost prices.
And he added that the purchasing power of meat decreased by 60% from butcher shops, adding that the citizen who has an income of 10 thousand pounds suffers from buying meat in light of the rest of the supplies.
Haitham Abdel Basset, deputy head of the butchers division at the Chambers of Commerce, added that Egypt has experienced many and fewer crises, but it has not witnessed an increase in meat prices like the current situation.
Haitham Abd al-Basit, deputy head of the butchers division in the chambers of commerce, swore on the air that there were butchers who had severe illnesses and strokes after the price hike and sales decline.
Haytham Abdel Basset, deputy head of the butchers division in the Chambers of Commerce, concluded that a kilo of live calves reached 145 pounds and 150 pounds before him, ruling out that there would be solutions that would reduce prices with the advent of Eid al-Adha.
