Egypt's ICT sector a government priority, creating 70,000 new jobs, says PM    Egypt's SCZONE, China discuss boosting investment in auto, clean energy sectors    Tensions escalate in Gaza as Israeli violations persist, humanitarian crisis deepens    Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egypt approves EGP 2.1m in aid for informal workers across 26 governorates    Egyptian pound gains slightly against dollar in early Tuesday trade    Egypt, Greece weigh joint gas infrastructure projects to bolster energy links with Europe    LLC vs Sole Establishment in Dubai: Which is right for you?    French court grants early release to former President Nicolas Sarkozy    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Egypt's Al-Sisi, Russian security chief discuss Gaza, Ukraine and bilateral ties    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Egypt's private medical insurance tops EGP 13b amid regulatory reforms – EHA chair    400 children with disabilities take part in 'Their Right to Joy' marathon    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt, Albania discuss expanding healthcare cooperation    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Meat prices rise
Published in Al-Ahram Weekly on 30 - 09 - 2014

With Eid Al-Adha only two days away, the streets of Egypt's cities have turned into makeshift yards for sheep with families scrambling to find a reasonably priced animal to sacrifice.
Religious tradition, in commemoration of the Prophet Ibrahim, stipulates that financially capable Muslims must sacrifice an animal such as a sheep, cow, goat or camel on the Eid and give two-thirds of its meat to the needy as well as friends and family.
The increased demand for such animals ahead of the feast is often a cause of escalating prices, and this year prices rose by around 20 per cent because of the increasing cost of animal feed, according to Haitham Mohamed of the Butchers Division of the Federation of Commerce.
A kilogram of slaughtered meat now costs between LE80 and LE110.
Every year, attempts are made to moderate prices, and the government has imported frozen meat as well as live animals. The Ministry of Agriculture was responsible for importing the meat which was then distributed by the Ministry of Supply and Internal Trade for about LE45 per kg, Adel Abbas, former head of the veterinary department at the Ministry of agriculture said.
Abbas added that a kilogram of mutton costs between LE28 and LE35. Veal costs LE55 to LE66 a kg.
Egypt produces between 70 to 75 per cent of its consumption needs of meat a year, he said, or about eight million animals.
Egypt imports meat from countries including Australia, Brazil, India, Sudan and Somalia.
However, the cost of imported frozen meat is up 20 to 25 per cent this year due to demand created by Russia which has been moving into the Brazilian and Indian markets to secure its needs following western sanctions imposed on the back of the crisis in Ukraine.
“We should depend on African countries to cover our needs,” Abbas said, who added that meat sourced in Africa could contribute to cutting prices in Egypt by 30 to 40 per cent due to the proximity of the exporting countries and the lower prices.
But there has been reluctance to import more African meat because of fears it could spread infectious diseases among domestic animals.
Abbas said the government should build slaughterhouses in African countries under ministry supervision, which would prevent the spread of any animal diseases.
Military farms produce around 25 per cent of animals raised for meat production, said Abbas, with Mohamed adding that military outlets were selling a kilogram of meat for around LE50. The United Arab Emirates had also given Egypt 100,000 head of livestock this year, he said, which would be sold through army outlets.
Meat prices are expected to decline after the feast because families stock slaughtered meat in their freezers. “For at least a month after the feast, prices will cool down,” Abbas said. Mohamed expected some 1.5 million animals to be slaughtered this year. “All Egyptians will eat meat next week. No one will be left out,” he concluded.


Clic here to read the story from its source.