Poultry feeds price in Ethiopia have risen by 350 percent in a year, forcing the closure of more than 15 poultry farms, according to Precise Consult’s newsletter.
According to the Ethiopian Poultry Producer and Processors Association, rising poultry feed prices are driving poultry farmers away from the industry (EPPPA). Until now, fifteen to twenty poultry farms have ceased operations.
The association’s head, Ato Berhanu Million, said in an interview with Addis Maleda News Agency that a shortage of feed raw materials and an increase in their price has been a major cause of the problem. According to Addis Maleda, the price of 100 kg of poultry feed was Br. 1100 a year ago but has now risen by about Br. 4000 to Br. 5000.
Berhanu insisted that all involved stakeholders are working collaboratively to tackle the issue but also stressed that the problem needs to be given priority by the government.
A recent study conducted in Ethiopia from March to July 2021 discovered that the inflation rate for animal feeds (45-55 percent) was much higher than the inflation rate for food (24.1 percent) during the same period (July 2020-July 2021). Between 2020 and 2021, the inflation rates for egg, milk, beef, and chicken meat were 46, 37, 35.5, and 55.8 percent, respectively. Based on the findings of this study, it is possible to conclude that scarcity of feed ingredients and the presence of illegal marketing in the value chain were two of the most important factors driving price increases in compound feed and livestock products.
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