Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    SCZONE showcases investment opportunities to eight Japanese companies    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    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.



Vegetable prices stabilize, meat prices projected to soar
Published in Almasry Alyoum on 18 - 10 - 2010

The Ministry of Agriculture has decided to set up another ten outlets in Cairo and Giza to sell fruit and vegetables, bringing the total number of outlets to 14.
Medhat al-Meligui, head of the General Union for Producers and Exporters of Horticultural Crops, said the step is intended to restore stability to the fruit and vegetable market, adding that the ministry's intervention has helped control prices.
The prices of vegetables at al-Obour market have gone down. The average price of tomatoes has stabilized at LE5 per kilo, while the price for potatoes is LE2.30 and for onions is LE1.5.
Mohamed al-Mahdi, a greengrocer at al-Abour market, said all the groceries sell their produce at the same prices, but the retailers tend to manipulate prices. That explains why the prices of fruits and vegetables vary from one neighborhood to another, he said.
Regarding meat prices, cattle traders and owners of feedlots project that the prices of red meat will skyrocket over the coming period. They predict that prices could double by the end of 2012.
Hassan al-Qarrawi, a cattle trader, attributed the increase in the prices of meat to the rise in the prices of fodder. He added that the prices of all kinds of cattle have increased.
He also said that the prices of fodder and rent per feddan have increased by 75 percent compared to the past three years. The cost of feeding one calf that is being fattened for slaughter is LE25 a day, which means that the net profit will eventually be low, said al-Qarrawi.
Farrag al-Hefni, another trader, said the price hikes could threaten the livelihoods of small breeders and farmers in Upper Egypt who depend on breeding cattle for income and who are currently unable to purchase fodder.
Youssef Haggag al-Zanati, a cattle and meat trader at a major livestock market in Upper Egypt, said importing meat and livestock from neighboring African countries is not the solution to the problem, even though it may temporarily reduce prices.
Al-Zanati called on the government to ease restrictions on cattle imports. The government says the restrictions are intended to protect local cattle from diseases.
In related news, the Veterinary Medicine Syndicate urged Minister of Agriculture Amin Abaza to issue a ministerial order banning the slaughter of female cattle and calves in order to control meat prices before the high demand expected before the feast of Eid al-Adha.
Ahmed Farahat, president of the syndicate, said the syndicate submitted two memorandums to the minister after it was noticed that some slaughterhouses slaughter calves and female cattle that weigh only 50kg, when they should ideally be left to reach a weight of 400kg. He added that such wrong practices will negatively affect Egypt's animal wealth and cause prices to ratchet up in the future. Already amounts of livestock in Egypt do not satisfy local needs, creating the need to import, he added.
Farahat also said the syndicate will visit slaughterhouses over the coming weeks to check that the meat carries the appropriate stamps and to ensure that slaughterhouses use the method of halal slaughter.
The syndicate will not be inspecting companies that import meat from the US, Europe or Latin America to help reduce prices, said Farahat. Instead, it will dispatch joint committees including members from the health and agriculture ministries to inspect the meat at entry points.
Farahat said he predicts that the prices of meat will go down before Eid al-Adha as the temperature decreases.
In related news, the internal trade sector, in cooperation with the Ministry of Interior, has launched campaigns across Egypt to combat commercial fraud and to control prices.
Translated from the Arabic Edition.


Clic here to read the story from its source.