Last remaining seats to the Jpost 2017 Annual Conference! Get your special offer now

Gov't averts egg shortage, agrees to 5.5% price hike

November 6, 2012 15:06

Government agrees to Poultry Breeders Association's demand for 4 agorot price increase per egg delivered.


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

  • Finance Ministry
  • business
  • yehuda weinstein
  • government
  • Share this article via
    from around the web
    Related Content
    The Teva Pharmaceutical Industries
    April 30, 2015
    Teva doubles down on Mylan, despite rejection


    Top Stories
    Israel Weather
    • 13 - 27
      Beer Sheva
      15 - 23
      Tel Aviv - Yafo
    • 15 - 23
      13 - 23
    • 19 - 29
      20 - 30