Gov't averts egg shortage, agrees to 5.5% price hike
ByNADAV SHEMER
06 November 2012 15:06
Government agrees to Poultry Breeders Association's demand for 4 agorot price increase per egg delivered.
Pictures

Eggs in Mahane Yehuda 370. (photo credit:Marc Israel Sellem)

An anticipated egg shortage at supermarkets was averted at the last minute Tuesday, after a joint Treasury and Agriculture Ministry committee agreed to a price hike of 5.5 percent per egg.

The committee based its decision upon instructions sent the previous night by Attorney-General Yehuda Weinstein, who was asked to rule on the matter by Finance Minister Yuval Steinitz and Agriculture Minister Orit Noked two weeks ago.



Be the first to know - Join our Facebook page.



The Poultry Breeders Association stopped delivering eggs to supermarkets on Sunday, promising not to resume supply until the government met their demand for an extra four agorot per egg delivered. They claimed the pay rise was needed to compensate for a sharp increase in the price of chicken feed.

Consumers will now pay between NIS 11.76 to NIS 14.06 for a carton of one-dozen eggs under government supervision. Prior to the update, consumers paid the following for a carton: NIS 11.10 for medium sized eggs weighing 53-63 grams; NIS 12.25 for large eggs weighing 63-73 grams; NIS 13.40 for extra large eggs weighing 73 grams or more.

Free-range and organic eggs are unsupervised, and generally cost anywhere between NIS 20-30 for a carton at supermarkets.
Relevant to your professional network? Please share on Linkedin

Tags:
  • Finance Ministry
  • business
  • yehuda weinstein
  • government
  • Prev Article
    45% of Israelis cannot make ends meet
    The Jerusalem Post
    Child with Israel flag
    Israel ranks 40th in global prosperity rankings
    Next Article
    Share this article via
    from around the web
    Related Content
    The Teva Pharmaceutical Industries
    30 April 2015
    Teva doubles down on Mylan, despite rejection

    By GLOBES,NIV ELIS

    Top Stories
    Israel Weather
    • 8 - 18
      Beer Sheva
      11 - 18
      Tel Aviv - Yafo
    • 6 - 13
      Jerusalem
      12 - 16
      Haifa
    • 11 - 21
      Elat
      10 - 19
      Tiberias