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Poultry Business Faces Decline Due to Rising Costs: Market Queen

Takoradi: Madam Betty Odoom, Market Queen at the New Takoradi poultry market, has expressed her displeasure on how unprofitable the poultry business has become.

According to Ghana News Agency, Madam Odoom explained that the business was slowing down due to the high cost of buying the birds from the farms. She noted, "The birds are expensive from the various poultry farms where we purchase them, and so it affects our market when we bring them to sell in the market." The increased cost has resulted in many vendors losing their business capital.

Madam Odoom highlighted that, previously, the price of a poultry bird was between GHC70 and GHC80, but it has now escalated to between GHC100.00 and GHC150.00. The price hike forces vendors to reduce prices significantly to attract buyers, leading to losses.

She called on authorities to relocate them closer to the main market to attract more customers. Additionally, she urged the government to expedite the completion of the Takoradi Market Circle Project and introduce measures to make the poultry industry more appealing, especially to the youth.