Khaberni - Abdul Shakoor Jamjoom, President of the Poultry and Feed Investors Association, stated that poultry prices have not experienced a real or justified increase in the local markets, affirming that the quantities available on farms more than suffice for the consumption needs during the holy month of Ramadan.
On Saturday evening, Jamjoom explained that poultry prices over the past six months were below operational costs, causing significant losses for farmers. He noted that any recent minor changes are due to a temporary gap in the market supply lasting only a day or two, which has resulted in a slight increase that does not exceed a few piastres, according to the kingdom.
He emphasized that poultry is a commodity subject to the mechanisms of supply and demand, and no single entity can control its prices independently. He pointed out that having production available in sufficient quantities will bring the prices back to normal levels, serving the interests of the citizens.
Jamjoom urged citizens not to rush to buy or stockpile, explaining that poultry is available throughout the holy month of Ramadan, both slaughtered or alive, and that excessive purchasing before the actual need contributes to temporarily pressuring the market.
He stressed that the association monitors market movements daily, expecting price stabilization in the upcoming period.
