ZAMBIA - Poultry farmers in Petauke district say the instability in stockfeed prices, currently K230 for a 50 kilogramme bag (kg), will discourage investment in the sub-sector.
Petauke District Farmers Association fears that if not checked, the development has potential to push prices of the commodity up as supply will fail to meet demand.
The association’s commodity representative Monica Longwe told the Zambia National Farmers’ Union (ZNFU) Friday brief obtained by the Daily Mail on Monday.
ZNFU conducted a survey from both NWK and National Milling companies and found that a 50 kg bag of broiler starter was selling for K223 while grower and finisher were trading at K221 and K 214 respectively.
“Poultry farmers are discouraged in the manner the cost of chicken feed is increasing and that the unpredictability in pricing has caused panic among those who are not sure whether to invest their money anymore in this business or not because prices of inputs are changing every day.
“If the situation is left unchecked, most poultry farmers’ businesses will fold up because they will not be making any profits,” Mrs Longwe said.
Meanwhile, farmers in Petauke district have expressed happiness at the inclusion of cotton packs under the farmer input support programme (FISP) for the 2015/16 season.
“The development has come at the right time when farmers are facing serious exploitation from cotton ginners owing to the fact that cotton inputs are not available on the market,” ZNFU says.
The union says the development will enable farmers to have control of the crop and they will be able to decide who to sell to, without any contractual obligations from the ginning companies.
November 6, 2015; https://www.daily-mail.co.zm/?p=48996