# Egypt's chicken prices fall after government imports frozen birds | The National

> Egypt's chicken prices fell for the first time after the government imported more than 100,000 tonnes of frozen Brazilian chicken. The imported birds went on sale at discounted government and hypermarket outlets, and local poultry sellers cut prices by about 10 Egyptian pounds.

- Date: 2023-02-28 · published 2023-02-28T12:00:00.000Z
- Category: trade · region Egypt · magnitude medium
- Page: https://feedsoft.ai/events/37479-egypt-s-chicken-prices-fall-after-government-imports-frozen-birds-the-national
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Large state-directed imports add to Brazilian chicken export demand and show that Egypt is relying on imports to cover a local supply shortfall. Lower local prices could also reduce pressure on Egyptian feed demand.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- thenationalnews.com: https://www.thenationalnews.com/mena/2023/02/28/egypts-chicken-prices-fall-after-government-imports-frozen-birds/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.