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
-
CMC MD courts global investors in London to back President Mahama’s cocoa sector reforms
2 minutes -
Ghana facing rising domestic narcotics use – NACOC boss tells Nigerian counterparts
5 minutes -
Dame describes EOCO conduct as ‘strange’ over detention of Ex-Buffer Stock CEO and wife
7 minutes -
Is it better to buy now or wait? What the 2026 Accra Property Market data says for diaspora investors
11 minutes -
“No region is a punishment ground” — Minority condemns Ocloo’s remarks
13 minutes -
CNN founder Ted Turner dies at 87
15 minutes -
Perception of corruption widespread among citizens — APL
22 minutes -
ECCBC Ghana kicks off Copa Coca-Cola 2026 with Trophy Tour and official opening ceremony
32 minutes -
Dollar-denominated fees threaten access to research — CARLIGH appeals to gov’t
32 minutes -
APL launches national trackers to measure governance trust and economic wellbeing
53 minutes -
I am no longer with Lynx Entertainment – KiDi
53 minutes -
Roc Nation Sports International confirms return of Roc Cup to Ghana in 2027
55 minutes -
GMet forecasts thundery rains for southern Ghana, sunny spells in the north
56 minutes -
Court denies businessmen bail in Gh¢49m gold fraud
1 hour -
Okada rider remanded over GH¢37,000 gold necklace robbery
1 hour