
Audio By Carbonatix
Poultry farmers now have the opportunity to buy imported yellow maize to supplement the locally-produced one as feed for their birds.The farmers had expressed concerns about the shortage of locally-produced maize resulting price hikes. But Government through the National Food Buffer Stock Company is to now supply almost 300 thousand bags of yellow maize to the farmers at a cost of 37 cedis per bag.President of the Ghana National Association of Poultry Farmers, Kwadwo Asante tells JOY BUSINESS even though the supply is timely, the cost is rather high.
“Its good news but the price is high because the Deputy Minister announced last w eek they would sell it for 35 cedis per bag but we are now told being is 37 cedis” he said.NAFCO’s Chief Executive, Eric Osei Wusu however argues, the price is moderate compared to the prevailing market price.
“The prevailing world market price is very high and so we think the price is very moderately. Agricultural Development Bank quoted for us, 45 cedis per bag but we negotiated and it came down to the 37 cedis. So we think it is a fair price farmers should be happy about especially when it is above 42 cedis on the local market” he explained.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
GSE records GH¢1.09bn trade in equity market; 10 stocks register gains
9 minutes -
Fuel prices: Ghana places 15th in Africa
15 minutes -
Africa must look inward: Reframing resilience in a shifting global economy
31 minutes -
7 dead, 2 missing after boat capsizes on Volta Lake
41 minutes -
Miss Diaspora Ghana 2026 launched to deepen diaspora ties and drive development
48 minutes -
US warns citizens to reconsider Nigeria travel on safety grounds
1 hour -
Ivan Toney questions refereeing in Saudi Pro League title race after Al-Ahli draw
1 hour -
Angola appoint Aliou Cissé as new head coach
1 hour -
Virtual Security Africa showcases digital security vision at Kwahu Business Forum
2 hours -
EBID strengthens regional integration role amid global economic uncertainty
2 hours -
Two assault rifles, ammunition retrieved in Police probe of Tamale gang attack
2 hours -
EBID records strong financial growth with $722m disbursements in 2025 – President, Dr George Donkor
2 hours -
EBID to mobilise $2.69bn under new 2026–2030 growth strategy – Dr George Donkor
2 hours -
An open letter to telcos, regulators and security agencies on mobile money fraud in Ghana
2 hours -
Mobile Money Merchants are driving fraud
2 hours