The poultry crisis in Egypt witnessed a major breakthrough with the fall in feed prices, as a result of the release of quantities of corn, soybeans and feed, and the seizure of the import mafia that directly affects the poultry industry.

Soy prices have risen by more than 150 percent, and corn has risen to between 60 and 70 percent, according to Dr. Tharwat Al-Zinni, vice president of the General Federation of poultry producers, who described the crisis as the most violent since 2006, coinciding with the global crises that affected Egypt.

The poultry sector has been affected by the global crises as the dollar has risen and feed and raw material prices have increased.

The "import mafia" and the black market took advantage of the crisis to double prices.

As a result, small investors in the poultry sector have been severely affected during the past period, and some of them have exited the production process.

After the meeting of the prime minister last week, there was a breakthrough where goods were released at the ports, including feed.

Soy prices fell from 35 thousand pounds per ton to 25 thousand per ton, and yellow corn also fell from 14,500 pounds per ton to 10,500 pounds per ton.

The minister of Agriculture has promised to continue the release of feed at the ports to eliminate the black market and the import mafia.

The more grain, corn and soy products are released, the more feed factories are operating at full capacity, and therefore prices are falling.

The availability of feed At Reasonable Prices leads to the return of a number of small breeders who have come out of the production process, especially in light of the country's need for them with the advent of seasons in which the demand for poultry increases.

Egypt's poultry production is huge and its need is great, and production must be maintained while reducing dependence on imports, which puts pressure on foreign exchange.

We must take advantage of this crisis by listening to poultry producers and breeders and implementing future plans in cooperation between breeders, producers, ministries and concerned authorities to ensure the stability of this market and not repeat this crisis in the future.

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