Egg Prices To Go Up By 30 Percent

The Ghana National Association of Poultry Farmers has announced that prices of eggs on the market will go up after Muslims finish marking the Ramadan month. Eggs will see a 30 percent increase for the small sizes and a 28 per cent increase for the unsorted, the Association said. The leadership of the Association says the small

sizes will also go up from ¢23 to ¢30 per crate, while the unsorted will increase from ¢25 to ¢32 per crate. This means that a single unit of an egg at retail that now sells at ¢1.50 could also see some upward adjustment. The National Chairman, Victor Oppong Adjei, also says the farmers are compelled to adjust the prices because the

high cost of feed severely impacts their operations. New upward adjustment of egg prices effective immediately after the Ramadan, this has resulted from the high cost of feed that is now disturbing the operations of the poultry farmers. They observed in 2020, Maize prices have gone from 65 cedis for 50 kilos is now ¢180, Soya

Bean, which was ¢150 per kilo, is now 305 cedis per kilo, and Wheat Brand, which was sold for ¢20, is now selling at 53 cedis. All these critical ingredients of the poultry industry’s

feed component have also increased by more than 200 percent over a short period. They observe that most of their members are either selling the majority of their birds to also be able to stay in business or are switching completely.