This holiday season, be prepared to spend extra for chicken as the Ghana Poultry Farmers Association predicts an increase in the cost of your preferred protein.
Two weeks ago, poultry was being sold on the market for GH55. Today, it is being sold for GH70.
However, Victor Oppong Owusu Adjei, president of the Ghana Poultry Farmers Association, predicts a little increase in price before Christmas.
“As for Christmas, we will have to give the Ghanaian the fresh and healthy chicken. The brown, which is the layer, as of now, we’ve priced it at 70 Ghana cedis. The price of the white one, which is the broiler, will be dependent on the weight of the animal. So we cannot give any price for it,” Mr Adjei stated.
Most Ghanaian households love chicken as a protein-rich addition to their preferred local foods, such fufu and rice, as well as other continental cuisines.
Compared to other meat sources, it is the most affordable protein option.
Only a few days remain until the Christmas season, and market prices for both the broiler and layer breeds have already risen.
The cost of poultry has increased by over 100% since this time last year.
The skyrocketing price of chicken is a result of the high cost of animal feed and medications.
“If you look at the cost of production, the ton per feed, which was 1,500 cedis per ton. It’s now 6,700 Ghana cedis per ton. The percentage is too huge. This is affecting the poultry industry,” Mr Adjei added.
For vendors who are already making marginal profits, the imminent price increment would mean a bad market for the season.