COVID-19 Upshot: Farmers Lament Hike in Poultry Feed Prices in Oyo State, Nigeria - LivestockTrend


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Thursday 9 April 2020

COVID-19 Upshot: Farmers Lament Hike in Poultry Feed Prices in Oyo State, Nigeria

Feed millers and poultry farmers have expressed concerns over the sudden increase in the price of poultry feeds in some parts of South West, Nigeria. 

This hike has been attributed to sudden increase in the cost of maize; a major raw material for poultry feeds. Reports have it that the  price of maize which was  NGN 90  per kg  prior to the Corona virus pandemic in Nigeria, has  moved to NGN 100 per kg in places like Fashola, Ibadan, Oyo township and Iseyin in Oyo state. This 10% increase portends a steady rise in the production cost for poultry farmers whose market is not expanding at the moment.
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Photo: Arisa Chatasa on Unsplash

Largely, restriction of movement in some states, following the outbreak of COVID-19 has been the main reason for the hike in price, said some local feed millers.

Mr. Amune Jeremiah, a renowned egg producer based in Oyo, confirmed the hike in maize price. He stated that “though millers claimed that movement is restricted hence trucks and vehicles that bring maize to Oyo town are no longer coming [...] well, I don’t think that is true. Business is business; these feed mills have maize in stock, sufficient for even up to four months production. But since other sellers are hiking their price, they just follow suit.”

It is instructive to note that, following the confirmation of COVID-19 cases in Nigeria, the Oyo State Government placed a curfew on movement within the State between the hours of 7pm – 6am daily which commenced on March 29, 2020.

Poultry farmers in the region continue to anticipate a reduction in the price of feeds as soon as this partial lock down is over to enable them achieve maximum profit.

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