POULTRY FARMERS BATTLE HIGH COST OF FEED, OTHERS

Poultry Connect June 29, 2018

POULTRY FARMERS BATTLE HIGH COST OF FEED, OTHERS

The prices of eggs and chickens may rise soon as poultry farmers continue to battle high increase in the cost of production, including feed. Our correspondent learnt that the crisis in the industry had sent many farmers out of business while some were forced to reduce their capacity by as much as 75 per cent. The Chairman, Comtrade Group and founder of Ope Olu farms, Mr. Abiodun Oladapo, disclosed in an interview with our correspondent that the business of animal husbandry was becoming too costly because of high cost of feed. The President, Poultry Association of Nigeria, Dr. Ayoola Oduntan, confirmed this during a recent media briefing to announce the 2016 edition of the Nigerian Poultry Show. According to the PAN president, the feed makes up 70 per cent of the cost of poultry production, adding that the cost has risen with the high cost of maize and soya beans

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Too many eggs, not enough tech: Egg glut in Nigeria a result of a paucity technology

Poultry Connect June 29, 2018

Too many eggs, not enough tech: Egg glut in Nigeria a result of a paucity technology

CEO Emmanuel Iregbeyen, Emiraz Farms, points to a lack of technology as the culprit for Nigerian egg glut When there are too many eggs on the market and not enough demand for them, egg glut can create a lot of waste, especially if those eggs cannot be adequately preserved or processed for alternative uses such as egg powders. Mr Iregbeyen points to a lack of preservation technology in Nigeria as the source of the issue, which leads to a loss of revenue for farmers whose initial costs are quite high in terms of feed and raw materials. These farmers, with adequate preservation technologies, would otherwise be able to convert fresh eggs into preservable egg powder for long-term storage and later export. At present, however, Mr Iregbeyen notes that “We are still at a level where we are yet to have factories that can turn poultry products into other uses like

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