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Poultry: Big Players Threatening Small, Medium-scale Businesses – Oyo PAN

Poultry farmers in Oyo State have faulted some big players in the poultry industry for the drastic increase in the price of feeds, stating that their actions were a constant threat to the businesses of small and medium-scale farmers.

The farmers, under the aegis of the Poultry Association of Nigeria (PAN) Oyo State Chapter, accused some big commercial feed millers of hoarding maize and soya beans to produce feeds which they thereafter sell at exorbitant prices, thereby subjecting small-scale poultry businesses to financial losses.

The association made this assertion at its general meeting which held recently at the state secretariat in Ibadan, Oyo State

According to the state’s PAN, these big players connive with merchants to hoard maize and soya beans. This, it added, has led to the increased prices of eggs and chickens.

In the group deliberations, it said that the scarcity of maize and soya bean was forcing the poultry industry into a meltdown, adding that the country’s food and job securities were under immense threat.

Recently, AgroNigeria had reported the ‘Save Our Soul’ call made by the South West chapter of PAN to the government to intervene in the ‘lingering grain crisis,’ as the cost of grains was laying siege on poultry businesses.

The high cost of producing live and processed chickens, as well as eggs, has resulted in huge losses for medium and smallholder poultry farmers, the state’s chapter also noted.

Demanding a level playing field, the group advised these big players to re-strategise and encourage the development and sustainability of the medium and smallholder poultry farmers.

The group also called on the Federal Government to sanction the immediate release of 300,000 metric tons of maize said to have been approved for release from storage.

It noted that the need for the crop was urgent as a result of the imminent collapse of the poultry industry.

PAN, however, pleaded for the entire poultry industry to work in tandem to moderate the excesses of the incessant hike in the prices of maize and soya beans, particularly in the South West region.

The post Poultry: Big Players Threatening Small, Medium-scale Businesses – Oyo PAN appeared first on AgroNigeria.

Sourced from Agro Nigeria

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