Unsold Stock: Poultry Farmers Lament Massive Loss - Agriculture (3)

Unsold Stock: Poultry Farmers Lament Massive Loss - Agriculture (3) - Nairaland

Nairaland Forum › Nairaland General › Agriculture › Unsold Stock: Poultry Farmers Lament Massive Loss (41542 Views)

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Re: Unsold Stock: Poultry Farmers Lament Massive Loss by ceejay80s(m): 2:37pm On Jan 05, 2025

una never see anything,
una go chop am by una self

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by baloney: 2:38pm On Jan 05, 2025

Things are generally becoming expensive day by day and poultry sales business just seem to be one of the affected. Transportation his also affected it getting expensive only that most people can't do without it, maybe the authorities can introduced subsidized teleportation for the... at least if we are spending more money we should not be spending more time in traffic as well, losing time & money his probably what his called double wahala.

.....................

Life his such as some are marring to divorce why some are doing child marriage and so such his life: you either do what pays you or pay what do you.

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by obaidan: 2:38pm On Jan 05, 2025

SocialJustice:
Chicken 40k, is it a goat? 🤣🤣🤣

Inflation, subsidy, rise in cost of everything also affected sales of chicken feed. Salaries of people working in poultry and raising chicken also had to increase because inflation had gulped whatever they were being paid before

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by FireUpNow(m): 2:38pm On Jan 05, 2025

SocialJustice:
Chicken 40k, is it a goat? 🤣🤣🤣

The poultry farmers are very greedy. How could they put a hefty price tag of 40-50k on a chicken? That's way too much

3 Likes 1 Share

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by Dyke15(m): 2:40pm On Jan 05, 2025

BoldBrainz:
Some of you are amusing with your ignorant takes.

You expect a poultry farmer to buy a bag of feed for 24K as against the 4K it sold for within the same period in 2023, and still go ahead to sell a chicken for 8K to you?

Una own na to open mouth waa for Internet dey vomit rubbish!

Done?
Ok I've noticed u

4 Likes 4 Shares

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by TossTos(m): 2:41pm On Jan 05, 2025

So pathetic
While no one pray to run at loss ..
Hopefully things will get better ..

1 Like

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by FarmlandInc: 2:42pm On Jan 05, 2025

The price is just too expensive. We know the current administration is not making things easy, but the farmers and businesses are very heartless

8 Likes 1 Share

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by naniawini(f): 2:43pm On Jan 05, 2025

I actually sold all of my stock and it was luck oh. Thank God I didn't rear much angry

1 Like

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by Proudlyngwa(m): 2:43pm On Jan 05, 2025

Nigeria does not follow basic principles of Economics

Chicken is Expensive because people are over demanding it.
Basic law of demand means the higher the demand the higher the price

Meaning if people reduce Thier demands two things will happen, either the process and export or they bring down Thier price.

Or only them chop am

4 Likes

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by sonssyo(f): 2:43pm On Jan 05, 2025

Nah una matter 😔😔 me go buy 40k meat,I no dey even like meat but fish and stockfish but my people enjoyed the meat sha cheesy

2 Likes

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by Numerouno94(m): 2:44pm On Jan 05, 2025

Okiton:

E concern them

You sell chicken for 35k expect me to come buy am.

I don snub them this Xmas
I fry eggs instead

I still buy chicken ooo. Chicken or nothing. grin

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by osayuwamwen(m): 2:44pm On Jan 05, 2025

You are spilling trash have you ask the price of a bag of chicken feed, do u know how many bag you will buy to train just 10 chicken for 5months

Dyke15:
Them Neva see anything. Yh things are hard but Nigerians re wicked. Now it's festive season and all d poultry farmers add money for their chicken.
I can't imagine dat I will witness Chicken selling as high as 25/30k?
Our leaders re cruel bt we re heartless.
The opposition party needs to buckle up. This country needs to be saved from d hands of Tinubu nd his gang of Alibabas

1 Like

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by maasoap(m): 2:45pm On Jan 05, 2025*

Dyke15:
Them Neva see anything. Yh things are hard but Nigerians re wicked. Now it's festive season and all d poultry farmers add money for their chicken.
I can't imagine dat I will witness Chicken selling as high as 25/30k?
Our leaders re cruel bt we re heartless.
The opposition party needs to buckle up. This country needs to be saved from d hands of Tinubu nd his gang of Alibabas

When a poultry farmer intends to sell a broiler at 25k, I want you to believe me that he has already spent over 20k on that broiler! We're raising broilers in my house for our own consumption and the cost of raising one for additional three months (one month with those who raised them from day old, sold at 4k per one) is always around 20k. A bag of 25kg is now above 25k

2 Likes

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by Brendaniel: 2:46pm On Jan 05, 2025

israelmao:
The way some people overprice some market commodities are really annoying even common day-to-day household needs are unimaginable in Emilokan era in spite of the high inflation sellers should consider how many prospective buyers have the commensurate means.

I doubt you've ran a business before...

2 Likes

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by obaidan: 2:46pm On Jan 05, 2025

FireUpNow:
The poultry farmers are very greedy. How could they put a hefty price tag of 40-50k on a chicken? That's way too much

Let's face it, whatever situation happening in d land will go round. Inflation happened, subsidy removal happened, salary earners asked for 100% increase rightly so, cost of other goods rose by more than 100%, u do not think the cost of baby chick, chicken feeds, salary, energy, medications, other operational costs incurred by poultry farmers also increased at a very significant rate? It's a business for them too.

2 Likes

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by obaidan: 2:46pm On Jan 05, 2025

Brendaniel:
I doubt you've ran a business before...

I am sure he has not

1 Like

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by BoldBrainz(m): 2:47pm On Jan 05, 2025

Dyke15:
Done?
Ok I've noticed u

As if your hunger can let you notice anything.

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by Akpakomiza2: 2:47pm On Jan 05, 2025

MichaelSokoto:
Everyone loses in dis demonic regime.

Obaseki is a demon

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by Brendaniel: 2:48pm On Jan 05, 2025

FarmlandInc:
The price is just too expensive. We know the current administration is not making things easy, but the farmers and businesses are very heartless

So they just became heartless when Tinubu became president?

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by Mathewrichard99: 2:48pm On Jan 05, 2025

It's Chickgoat....... 😂

SocialJustice:
Chicken 40k, is it a goat? 🤣🤣🤣

1 Like

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by Willie2015: 2:48pm On Jan 05, 2025

2cribz:
I got 1 for 30k.i shared 5pieces. The rest na me

Not fun at all...
Bought medium cow head for N37k...
Approximately 8 Kilos

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by Stevosty: 2:50pm On Jan 05, 2025

This is not encouraging for the farmers, I hope there will be any next December, and the government don't care.

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by obaidan: 2:52pm On Jan 05, 2025

FarmlandInc:
The price is just too expensive. We know the current administration is not making things easy, but the farmers and businesses are very heartless

Chicken feed sold for 5k before now 25k. Other expenses that go into raising a bird rose at similar rate, transportation, immunization, medication, even salaries for big poutry farms. But u expect the chicken u used to buy for 10k to be sold at what price exactly? Tell us the price u expect them to sell

1 Like

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by Emeskhalifa(m): 2:53pm On Jan 05, 2025

They should cut their losses sha by selling cheap

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by maasoap(m): 2:54pm On Jan 05, 2025

Proudlyngwa:
Nigeria does not follow basic principles of Economics

Chicken is Expensive because people are over demanding it.
Basic law of demand means the higher the demand the higher the price

Meaning if people reduce Thier demands two things will happen, either the process and export or they bring down Thier price.

Or only them chop am

Lol. And you think those farmers preferred not to sell their chickens if they can't sell at higher price but preferred spending additional money to feed them after the festive period? grin

My point is that they are not intentionally selling at higher price, it is not about the law of demand and supply as their are no even enough demand as it clearly stated in the report.
I don't understand why guys are commenting like you don't even know that prices of everything, cost of doing business has skyrocketed under Tinubu. In fact right now in Nigeria, farmers should quit poultry business

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by nasbiafra(m): 2:56pm On Jan 05, 2025

fowl way them they sell 3000.3500 for jonathan regime, if e cost well well 5000k,

Make the fools way still dey support tinubu they support tinubu.

Fools like helinues

2 Likes

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by MasterTeeUSA: 2:56pm On Jan 05, 2025

Not surprised. Even my Mom that usually raise 50 opted for 30 this year, and to relieve the stress...I offtake and we share to families and friends as part of the NGO End of Year Giving.

No point trying to convince her to stop. She has been raising chickens for over 40yrs. She even planted cassava and made garri and pap out of it. By the way she is 75, and still supervises my site work everyday as needed and teaches at Sunday School.

So when you hear urgent 2k people complaining, I just shake my head. Things won't get easier as it is a worldwide issue now. The sooner we realize this and buckle up, the better. Even those in the US are lamenting, shops closing up...and the only silver lining. Thanksgiving, people and NGOs give out Turkeys and some schools give our food groceries occassionally.

iwaeda:
... As People shunned chicken during Christmas and new year celebrations

https://www.vanguardngr.com/2025/01/huge-unsold-stock-poultry-farmers-are-lamenting-massive-losses-as-people-shunned-chicken-during-christmas-new-year/

3 Likes 1 Share

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by skywalker240(m): 2:56pm On Jan 05, 2025

Brendaniel:
Do you run poultry business?

Yes

Before APC came in though

But in December, did you heard of price increase of feeds and drug's?

Late November, chicken was sold for 14k

Early to mid week December, chicken was sold for 15k and then all of a sudden approaching the Yuletide weeks the price skyrocketed from 15 to 25 and from 25 to 35k?

Bro let's be honest here, sometimes we are our own enemies.

These same kind of people are the exact same kind of politicians we complain about.

Or how will it be, if these same farmers were elected to represent us as politicians?

9 Likes

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by skywalker240(m): 2:58pm On Jan 05, 2025

BoldBrainz:
Low Budget Einstein, how much is a bag of broiler feed in your area as we speak?

Ikorodu Karl Max.

Okay what else

1 Like

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by prickursense: 2:58pm On Jan 05, 2025

Thank God for wisdom. A friend told me to restart my broiler production but I told him the economics does not make sense, where is the Market? Who will buy? This was October last year. I told him we stopped producing when the price of one kilo of maize jumped over ₦450. Because how does one make their food if maize alone become so high. Even if you can make their food, after feeding them for 6weeks, who will buy at ₦20k, not to talk of the price of ₦35k now. The economics does not make sense. The only way forward is CNG for trucks, to bring down the cost of transportation of the maize, so that we can make feeds cheaper, and the chicken too becomes cheaper in the market

1 Like 1 Share

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by Factcheck0001: 3:01pm On Jan 05, 2025

symbianDON:
Nigeria is THE ONLY country on earth where citizens are struggling to eat. Even in Yemen and Afghanistan, people eat better. Think about it: protein is practically out of the reach of most Nigerians at the moment. Egg, meat, fish, milk.....all these are luxury these days. No thanks to the avoidable hardship foisted on Nigerians by our current government.

if they send u to Afghanistan or Yemen now u will start begging abike dabiri to bring u back

Many of u who says everywhere is better than Nigeria last last na evacuation end their story

2 Likes

Re: Unsold Stock: Poultry Farmers Lament Massive Loss by alezzy13: 3:01pm On Jan 05, 2025

Proudlyngwa:
Nigeria does not follow basic principles of Economics

Chicken is Expensive because people are over demanding it.
Basic law of demand means the higher the demand the higher the price

Meaning if people reduce Thier demands two things will happen, either the process and export or they bring down Thier price.

Or only them chop am

@bolded, think It's specifically the broilers (ie the big white ones). I really cant understand the rush for them.

For instance I was still able to get brown layers for as low as 8-9k, And if you combine up to 3 of them, I can tell for a fact you'll get far more meat than those broilers going for 25-30k.

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