Crate of Eggs To Hit Ghana At GH¢70–75 Soon – Poultry Farmers Announce 

Poultry farmers in Ghana have alerted the populace to a notable rise in the cost of eggs, coinciding with the country’s recent surge in food prices due to severe economic difficulties.

Joseph Boakye Yiadom, the CEO of a chicken processing company, explained the price increase in an interview with JoyNews on June 5, 2024, citing an increase in production input.

Ghana to import eggs for local consumption as poultry farmers cry over the collapse in industry
Giving an account of the increase in maize and soybeans, from which a significant portion of the poultry feed is made, Mr Boakye noted.

“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.

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