Following the recent hike in food prices in Ghana amid the harsh economic challenges the country is facing, poultry farmers have warned Ghanaians about a significant increase in price of eggs.
During an interview Joseph Boakye Yiadom attributed the price surge to what he describes as an increase in production input.
Giving an account of the increase in maize and soybeans, from which a significant portion of the poultry feed is made, Mr Boakye noted that,
“The Ghana poultry industry is in great distress at the moment. This increase is a result of our production input.
For eg maize started this year in January, selling at between 190 and 200 cedis per 50 kg, but as I speak with you, it is between of 260–270 cedis. Soy bean meal started the year around 410–420, and now its about 520–530,” he said.
Consequently, in order to break even, Ghanaians are expected to pay more for years in the coming months.
All the input for poultry has increased drastically and for the poultry farmer to break even, we have to sell eggs at the farm gate between 55 and 65 cedis, so in the coming months Ghana should be ready to buy from their retailers at a price between 70 and 75 cedis,” he noted.
tigpost.co