Egg Prices Soar, Families Struggle, Bakeries Bleed as Market Swings

Egg prices have spiked in recent weeks, driven by supply shortages, rising feed costs, and increased prices for inputs. This has made the once-affordable food a luxury for many. The rising cost of eggs is squeezing bakeries, pastry shops, and cake houses. The government’s intervention in the poultry sector has disrupted market dynamics. The Yelemat Tirufat programme has dramatically increased egg and poultry production. Egg production rose from 3.2 billion eggs in 2021/22 to 5.7 billion two years later. The increased production initially drove egg prices down, forcing many small-scale farmers out of business. Hatcheries were forced to dispose of eggs and one-day-old chicks. The soaring cost of feed has also made the poultry business increasingly difficult, writes HAGOS GEBREAMLAK, Fortune Staff Writer.

Feb 23 , 2025
By Hagos Gebreamlak ( Hagos Gebreamlak (hagospsir@gmail.com), a former reporter at this publication. )

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Egg Prices Soar, Families Struggle, Bakeries Bleed as Market Swings

Egg Prices Soar, Families Struggle, Bakeries Bleed as Market Swings

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Egg Prices Soar, Families Struggle, Bakeries Bleed as Market Swings

Egg Prices Soar, Families Struggle, Bakeries Bleed as Market Swings

Subscribe here for the (Addis) Fortune Bundle Subscription. Already a subscriber? Login below:

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