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A representative of Cairo’s Chamber of Commerce butchers’ division said meat prices are among the goods likely to rise after the recent increase in the dollar exchange rate. He cited Egypt’s reliance on imported corn and soybeans for animal feed and called for removing customs duties on feed and raw materials to limit potential increases.
A weaker Egyptian pound raises the local-currency cost of imported feed ingredients, potentially increasing livestock production costs and supporting higher meat prices. Removing import duties could partly offset that pressure.
vetogate.comنها رضوانNov 7, 2026After 28 past bullish macro events, Live Cattle moved a median -0.3% over 5 sessions (39% higher; middle half -1.2% to +0.9%), and +1.7% over 20.
After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.
After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
