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Unsold Stock: Poultry Farmers Lament Massive Loss - Agriculture - Nairaland 3yb63

Unsold Stock: Poultry Farmers Lament Massive Loss (39797 Views)

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iwaeda: 6:16am On Jan 05
... As People shunned chicken during Christmas and new year celebrations

In this interview, the Director General, DG, Poultry Association of Nigeria, PAN, Dr Onallo Akpa, narrates the losses incurred by poultry farmers during Christmas and New Year celebrations as many Nigerians snubbed chicken purchases for other commodities based on their purchasing power: Excerpts:

How was the production of chicken ahead of the festivities like?
The preparations of poultry farmers for the Christmas and New Year festivities were highly expectant as, traditionally, there was the belief that Christmas and New Year seasons are periods that every family no matter how poor will be able to afford chicken for the festivals.


Hence, there were heavy investments in broiler production, especially the backyard small-scale poultry producers across the country.

Despite the high cost of Day Old Chicks, DOCs, orchestrated by demands for production for Christmas and the abnormally high cost of poultry feeds, poultry farmers stocked while expecting to sell at Christmas and New Year. There was virtually no family involved in poultry production that never stocked broilers for Christmas – with the expectations that whatever might be the reasons, there will be sales.

What were the challenges poultry farmers encountered during this period?
Sales and patronage at Christmas and New Year..in contrast to the expectations of most poultry farmers, all they produced could not be sold. Surprisingly, over 50 per cent of broilers produced for sale at Christmas could not be sold because of the low purchasing power of the people.

Families are striving to see how they can get any kind of food for their families, and therefore, the luxury of poultry meat as protein was not a consideration during Christmas and New Year. Poultry farmers who thought of making little profit at Christmas and New Year, are, at the moment, lamenting the losses they incurred.

A random survey of our communities at the moment reveals the presence of unsold broilers.The problems of poultry farmers are compounded as they cannot continue to feed the birds as that will amount to additional cost of production in the absence of patronage.

What’s the effect of poor patronage on the poultry industry?
The resultant effect of the development is that the livelihoods of the family who have had their sustenance on small family poultry production is being eroded while farmers are losing confidence in the business, leading to the closure of poultry farms all over the country. The challenge at the moment is that of the extremely high cost of production and induced purchasing power of the people.

What is the way forward in 2025?

Hope is not lost if the economy can be rejigged to look at the critical sectors of the agricultural economy of which the poultry sector is the low-hanging fruit with over 25 million Nigerians directly and indirectly involved in employment provision. More critical is the urgent need for the government to look at the nutrition and food security of the nation of which poultry plays a critical role.
https://www.vanguardngr.com/2025/01/huge-unsold-stock-poultry-farmers-are-lamenting-massive-losses-as-people-shunned-chicken-during-christmas-new-year/

5 Likes 2 Shares

Elusive001: 6:33am On Jan 05
"Families are striving to see how they can get any kind of food for their families, and therefore, the luxury of poultry meat as protein was not a consideration during Christmas and New Year. Poultry farmers who thought of making little profit at Christmas and New Year, are, at the moment, lamenting the losses they incurred."



Ordinary chicken and in fact food generally, have become a luxury in Nigeria. Chai!!!

GOD have mercy ooooooo.

When the wicked rules, the people suffer.

197 Likes 28 Shares

GanagiBitrus: 6:41am On Jan 05
Parent Cock🐓 sold as high as 50k;
money💵 that could previously
buy you a Goat🐐.

138 Likes 17 Shares

iwaeda: 6:44am On Jan 05
GanagiBitrus:
Parent Cock sold as high as 50k, money that could previously buy you a Goat.

Buy small cow early 2000. grin grin grin

127 Likes 11 Shares

SocialJustice: 7:52am On Jan 05
Chicken 40k, is it a goat? 🤣🤣🤣

111 Likes 7 Shares

Dyke15(m): 7:56am On Jan 05
Them Neva see anything. Yh things are hard but Nigerians re wicked. Now it's festive season and all d poultry farmers add money for their chicken.
I can't imagine dat I will witness Chicken selling as high as 25/30k?
Our leaders re cruel bt we re heartless.
The opposition party needs to buckle up. This country needs to be saved from d hands of Tinubu nd his gang of Alibabas

255 Likes 35 Shares

owem19(m): 8:09am On Jan 05
For this side up on the high cost we ate chicken like kilo de,am even tired of chicken , don't know which side he is talking about

7 Likes 2 Shares

obinna58(m): 9:12am On Jan 05
Let dem endure

2 Likes

BlackyOne: 9:12am On Jan 05
Make them still dey train the chicken till next year December.

You won dey sell 3-6 months old chicken for 25-30k.


I know feeds are expensive right now, and giving the state of the economy, I would not advice anyone to start a poultry business. YOU WILL LOSE!

125 Likes 12 Shares

iwaeda: 11:06am On Jan 05
Nlfpmod, if we cant profit from agriculture, there is nothing much we can achieve. Food is BASIC. grin grin grin grin

18 Likes 2 Shares

franchasofficia: 11:11am On Jan 05
Tinubu is working, people should give him 8 more years and things will turnaround

4 Likes 4 Shares

2cribz: 12:49pm On Jan 05
I got 1 for 30k.i shared 5pieces. The rest na me

2 Likes

Looking4Trouble: 2:10pm On Jan 05
Greedy farmers charging excess to extort the masses. Go and eat your chickens nah

95 Likes 15 Shares

Nahunger(m): 2:11pm On Jan 05
embarassed
As Una pack Una family problems add for the price, who Una want make e patronise Una after festivities.

Make Una enjoy una over priced fowls or learn to do giveaway.

82 Likes 13 Shares

Jokerman(m): 2:11pm On Jan 05
People who no get money to buy onions, na them go buy fowl for 25k?

72 Likes 6 Shares

Looking4Trouble: 2:11pm On Jan 05
Elusive001:
"Families are striving to see how they can get any kind of food for their families, and therefore, the luxury of poultry meat as protein was not a consideration during Christmas and New Year. Poultry farmers who thought of making little profit at Christmas and New Year, are, at the moment, lamenting the losses they incurred."

Ordinary chicken and in fact food generally, have become a luxury in Nigeria. Chai!!!

GOD have mercy ooooooo.

When the wicked rules, the people suffer.

Who is ruling your household that is making you suffer?

8 Likes 1 Share

ogaontop(m): 2:11pm On Jan 05
Wahala, Chicken is gradually turning into a luxurious commodity.

17 Likes 2 Shares

Okiton: 2:12pm On Jan 05
cheesy

E concern them

You sell chicken for 35k expect me to come buy am.

I don snub them this Xmas
I fry eggs instead

58 Likes 7 Shares

RhinoChest: 2:12pm On Jan 05
If you have unsold stock, reduce your prices. You can’t blame unsold stock on anyone. Unsold stock is a worldwide phenomenon.

Reduce price kpatakpata and u will at least get something.

58 Likes 10 Shares

merits(m): 2:13pm On Jan 05
iwaeda:
... As People shunned chicken during Christmas and new year celebrations


https://www.vanguardngr.com/2025/01/huge-unsold-stock-poultry-farmers-are-lamenting-massive-losses-as-people-shunned-chicken-during-christmas-new-year/
They should start eating them.

5 Likes 2 Shares

Ojuntana: 2:14pm On Jan 05
Looking4Trouble:
Greedy farmers charging excess to extort the masses. Go and eat your chickens nah
I guess the farmers became greedy when Tinubulation started

It's as if the farmers are not the same from past years

40 Likes 5 Shares

skywalker240(m): 2:14pm On Jan 05
Who wants to buy chicken for 30 thousand

24 Likes 4 Shares

FreeStuffsNG: 2:14pm On Jan 05
iwaeda:
... As People shunned chicken during Christmas and new year celebrations


https://www.vanguardngr.com/2025/01/huge-unsold-stock-poultry-farmers-are-lamenting-massive-losses-as-people-shunned-chicken-during-christmas-new-year/
Wrong pricing wink Basic economics asserts that if prices rise, especially for price elastic goods and services, demands fall ceteris paribus. They will learn to get their price right next time.

44 Likes 6 Shares

Okiton: 2:15pm On Jan 05
GanagiBitrus:
Parent Cock sold as high as 50k, money that could previously buy you a Goat.


In this my life I don take a big he goat to my community market and sold at the price of 4,500 take pay school fees back then in 2004

cheesy cheesy

43 Likes 2 Shares

mmsen: 2:15pm On Jan 05
franchasofficia:
Tinubu is working, people should give him 8 more years and things will turnaround

8 more years and half the population will have expired from malnutrition.

13 Likes 2 Shares

nautybride: 2:15pm On Jan 05
It's well. Kill, freeze and sell in kilos.

27 Likes 3 Shares

yesloaded: 2:16pm On Jan 05
Looking4Trouble:
Greedy farmers charging excess to extort the masses. Go and eat your chickens nah

I disagree sir

I bought 4pcs of 6 weeks old cockerel for consumption and rear them for 6months before I slaughter the first one and I have spent over 60k naira which means each chicken consume over 15k of feeds before I even slaughter one out of it

In total i spent over 70k on feed before I ate all

Imagine spending over 70k on just 4pcs of chicken

Mind you, I bought them at 6 weeks and not as a day which means if rear from a day old, I need to vaccinate them and give them some drugs

It's not funny rearing chicken these days and brolier eat lots of feeds

21 Likes 2 Shares

Ladiesdoctor(m): 2:16pm On Jan 05
Steewpid farmers
DeOTR: 2:17pm On Jan 05
iwaeda:
... As People shunned chicken during Christmas and new year celebrations


https://www.vanguardngr.com/2025/01/huge-unsold-stock-poultry-farmers-are-lamenting-massive-losses-as-people-shunned-chicken-during-christmas-new-year/
All the orgasms wey una get for December, shey una don cum now? Wicked people. We're waiting for y'all to buy it from you cheaply

14 Likes 2 Shares

FreeStuffsNG: 2:17pm On Jan 05
merits:
They should start eating them.
grin
symbianDON(m): 2:17pm On Jan 05
Nigeria is THE ONLY country on earth where citizens are struggling to eat. Even in Yemen and Afghanistan, people eat better. Think about it: protein is practically out of the reach of most Nigerians at the moment. Egg, meat, fish, milk.....all these are luxury these days. No thanks to the avoidable hardship foisted on Nigerians by our current government.

24 Likes 5 Shares

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