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Red-Meat Price Policy in Egypt

Author

Listed:
  • Soliman, Ibrahim
Abstract
The background of the study explained that the price inflation of red meat is partially due to demand pull phenomena. However, the question is does it also work according to a cost push mode1/4 the answer, from the analysis followed in the text is yes, it is also a cost push problem, particularly at the feedlot level. The analysis showed that the cost of producing fed beef animals in late 1980 and early 1981 was 1.34 L.E. per kg. liveweight, assuming a 20 percent margin. This was clsoe to the market price of 1.35 to 1.40 L.E. in April, 1981. The price fixed by the government in September, 1980. which was 1.05 L.E. per Kg. liveweight of fed calves, 1.97 L.E. per kg carcass and between 2.3 to 2.5 L.E. per Kg. meat. the trader would get positive margin of 11.4/ if the fixed prices for both the fed live calf and the carcass were valid. However, he has to supply his carcass to the butcher at not less than L.E. 2.32 per kg. because the actual market price of a fed calf is L.E. 1.34 per kg. Therefore, the butcher would have to supply the lean meat of the carcass at not less than L.E. 3.2 per kg. instead of L.E. 2.38 per Kg. as a fixed price. These imputed prices of meat allow 10/ and 15/ margin for the trader and the butcher respectively

Suggested Citation

  • Soliman, Ibrahim, 1981. "Red-Meat Price Policy in Egypt," MPRA Paper 67171, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:67171
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    File URL: https://mpra.ub.uni-muenchen.de/67171/1/MPRA_paper_67171.pdf
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    References listed on IDEAS

    as
    1. Soliman, Ibrahim & Fitch, James, 1981. "The Livestock Economy in Egypt," Conference Papers 226123, Zagazig University, Department of Agricultural Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. repec:ags:ucdegw:233349 is not listed on IDEAS
    2. Soliman, Ibrahim & Abd El-Azim, Mousa & Habib, Farouk, 1983. "Some Observations on Livestock Policies in Egypt with Special Reference to Credit and Import Policies," Working Papers 243420, University of California, Davis, Agricultural Development Systems: Egypt Project.
    3. Soliman, Ibrahim & Shapouri, Shahla, 1984. "Egyptian Meat Market: Policy Issues in Trade, Prices, and Expected Market Performance," MPRA Paper 66628, University Library of Munich, Germany.
    4. Fitch, James B. & Soliman, Ibrahim, 1982. "Livestock and Crop Production Linkages: Implications for Agricultural Policy," Working Papers 233349, University of California, Davis, Agricultural Development Systems: Egypt Project.

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    1. repec:ags:ucdegw:233349 is not listed on IDEAS
    2. Soliman, Ibrahim & Shapouri, Shahla, 1984. "Egyptian Meat Market: Policy Issues in Trade, Prices, and Expected Market Performance," MPRA Paper 66628, University Library of Munich, Germany.
    3. Unknown, 1983. "Selected Papers Presented to the Eighth Economics Policy Workshop on "Livestock Economics in Egyptian Agriculture"," Working Papers 243427, University of California, Davis, Agricultural Development Systems: Egypt Project.
    4. Soliman, Ibrahim & Fitch, James B. & Aziz, Nesreen Abd El, 1982. "The Role of Livestock Production on the Egyptian Farm," Working Papers 233340, University of California, Davis, Agricultural Development Systems: Egypt Project.
    5. Fitch, James B. & Soliman, Ibrahim, 1982. "Livestock and Crop Production Linkages: Implications for Agricultural Policy," Working Papers 233349, University of California, Davis, Agricultural Development Systems: Egypt Project.
    6. Fitch, James B., 1983. "Maize Production Practices and Problems in Egypt," Economics Working Papers 232446, CIMMYT: International Maize and Wheat Improvement Center.
    7. repec:ags:ucdegw:233340 is not listed on IDEAS

    More about this item

    Keywords

    trade; meat; prices; price policies; marketing;
    All these keywords.

    JEL classification:

    • G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • M38 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Government Policy and Regulation
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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