Some Poultry farmers in the Ashanti Region have expressed serious concern about the escalating costs of production, prompting an announced price hike for chicken and eggs ahead of the 2024 Christmas season.
The increase in prices is primarily attributed to the skyrocketing costs of poultry feed, compounded by significant taxes on key feed ingredients.
The Chief Executive Officer of the MJ Asabil Farms located in the Manso_ Akropong community of the Amansie West District of the Ashanti Region, Mr Jackson Moses Asabil, shared concerns that the dramatic increase in feed prices is putting immense financial strain on poultry farmers. "The sharp rise in the prices of key feed ingredients such as maize, wheat bran, and soya beans is making it nearly impossible for farmers to sustain their operations," Mr.
Asabil explained.