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Egyptian poultry prices fell on Wednesday, with white chicken dropping about 3 pounds to 70 at the farm and 85 for consumers. Egg carton prices also moved lower, and the poultry producers' union said prices had declined over the previous two weeks.
Lower farm-gate poultry prices reduce the value of chicken as a feed-chain product and can weaken demand for feed ingredients used in broiler production. The effect is limited to the Egyptian domestic market.
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.