Eggs can soon rise in price by 7-8%

Submitted by bashun on Fri, 11/10/2017 - 11:18

In the near future, prices for eggs can rise by 7-8%.

This was reported by the director of the Association "Union of Poultry Breeders of Ukraine" Serhii Karpenko, writes Golos.ua.

"The situation with the prices for eggs with the onset of autumn in Ukraine is repeated from year to year. As you know, in our country, 50% of all egg production is produced in the private sector. Therefore, when they are actively producing, from the end of spring to the end of summer - until September, it is natural that prices of industrial producers fall below the cost, "- says Serhii Karpenko.

He added that this year the selling price fell to UAH 6, which is less than even in 2014.

"It is clear that the cost of eggs is not worth it, it is constantly growing. This is influenced by economic factors - inflation and everything else. It is clear that industrial manufacturers almost 7 months of the year sold their products below cost. In order for them to achieve at least a minimum level of profitability of 10-15% this year, they must accordingly raise selling prices in winter, when the poultry is not carried by the population and the supply of eggs falls substantially on the market. Therefore, as a rule, we observe a rise in prices for eggs from September to March, inclusive, "the expert explained.

"It's not a fact that the cost of eggs is going up, because now the price is high enough," says Serhii Karpenko. 
At the same time, he overcame that, perhaps, selling prices from poultry farms will rise by 1-2 UAH
"This is, as I said, a seasonal factor, a traditional trend. Seasonal factor plays a key role here. According to our forecasts, eggs can rise in price in the near future by 7-8 per cent, " concludes the expert.
 

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