Poultry Farmers Warn of 15% Price Increase Ahead of Christmas
The Greater Accra Poultry Farmers Association projects a 15% increase in poultry prices ahead of Christmas due to rising feed costs and transportation expenses.
In Brief
- •The Greater Accra Poultry Farmers Association projects a 15% increase in poultry prices ahead of Christmas due to rising feed costs and transportation expenses.
- •Chief Executive Mohammed Ali attributes the price hike to imported feed ingredients and higher freight charges, affecting production costs.
- •Farmers are calling for government support to increase local production of maize and soya to reduce feed prices.
- •The association highlights excessive price disparities between farm-gate prices and retail prices, with some traders adding GH¢20 to the price of a crate.
- •The association conducted World Egg Day activities, distributing over 100,000 eggs to schools to promote egg consumption and healthy eating habits.
Why It Matters
The projected price increase in poultry products ahead of Christmas could impact consumers' purchasing power, particularly during the festive season. The rising costs of feed inputs and transportation expenses highlight the vulnerabilities of local farmers to international market fluctuations. The association's call for government intervention and market discipline could influence policy decisions affecting the poultry industry. Additionally, the World Egg Day initiative aims to promote healthier eating habits among children, contributing to broader public health goals.
Key Details
- Projected Price Increase
- 15%
- Farm-gate Price Range
- GH¢40 to GH¢45
- Retail Price Cap
- GH¢50
- Eggs Distributed to Schools
- 100,000
Context & Background
The poultry industry in Ghana has faced challenges related to the high cost of feed inputs and price disparities in the market. The Greater Accra Poultry Farmers Association has been advocating for government support and market reforms to address these issues.
Original Reporting & Sources
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