farmers. Currently, if you want to rear 200 layers, you must prepare to wave a sum of GH₵ 9,000+ goodbye. Oh, wait! You must be thinking GH₵ 9000 is the total startup cost for starting a 200-layer farm. You couldn’t be any further from reality. That amount mentioned will only cover the cost of feed for the first eight months. I have already spoken about the reason why you should make a budget for eight months. Meanwhile, around November 2020, feed costs for the first eight months only amounted to around GH₵ 5,000 for 200 layers.
Author Archives: Papa K. Owusu-Mensah
Why Financial Literacy Is the Key to Success in Livestock Production
Succeeding in livestock farming goes beyond just knowing how to rear animals. Several other factors come into play such as knowing how to make a budget, compensating your employees appropriately and knowing how to expand your farm sustainably.
Why People Need to Take Livestock Farming More Seriously
Gradually, more people in Ghana, especially the youth, are starting to find agriculture more attractive. However, I find it interesting that many of those I’ve met would have owned some chickens, goats, sheep and occasionally, some pigs, yet most of them (farmers) have made little to no effort to advance the business side of things.
Why Pig Farmers Should Consider Partnership
I recently published an article about how pig farming could literally change your life. People will read articles like this and think pig farming is highly lucrative, and rightly so. However, the mistake most people make is that they tend to want to enjoy the profits alone. They forget that with most things in life, there are always positives and negatives. Obviously, getting huge profits off a pig farm is very positive, but do you know what isn’t so positive? Having to potentially invest hundreds of thousands of Ghana cedis. Where are you even going to get this money?
New Poultry Feed Prices & Their Implications
Poultry farming is no longer a profitable business. I am going to sell off all my birds – a farmer lamented. This and many more complaints have been brought about by the recent hike in feed prices. Around November 2020, you could get a 50kg Layer mash for GH₵ 93. Fast forward to July 2021, the price is now around GH₵ 137 (a 47% increase in feed prices in just seven months). As gloomy as this sounds, all hopes of succeeding in poultry farming is not lost yet, and I will explain why.
How Do You Know Your Poultry Farm Is Making Progress?
Recently, a poultry farmer complained to me about how his poultry farm was draining him financially. Believe it or not, his farm was making progress. I know by now you are wondering how a farm can be making absolutely nothing for its owner, but I’m here claiming that the farm is still making progress. Well, you’ll soon find out why.
HOW TO FIND INVESTORS TO FUND YOUR POULTRY PROJECT
I published an article on how you could start a poultry farm with very little or sometimes no money. However, you are not running your farm as a hobby – you intend to make thousands, if not millions of Ghana cedis annually. To establish a poultry farm that can provide you with an exceptional standard of living, you need to invest a substantial amount of money. Unfortunately, the amount of money usually required to start such a poultry farm is unattainable by most people. Hence it would make a lot of sense to find investors.
How to Start a Poultry Farm Without Spending a Dime
Even though many people believe that poultry farming is capital intensive, you could actually start with very little or no money.
Why Ghanaian Farmers Need to Take a Closer Look at Broiler Production
If you closely examine the Ghanaian poultry landscape, you will realize that most farmers are rearing chickens to produce eggs. Sure, layer farming can be very lucrative, but the returns you could get from investing in broiler farming could be staggering. Imagine if you produce and sell 400 broilers every two months. That would potentially fetch you GH¢ 96,000 in revenue (out of which GH¢ 9,600 is profit) in just a year.
Why Pig Farming Can Change Your Life
Assuming you start with only 5 pigs ( 4 sows and 1 boar), you may be able to sell only 40 pigs in the first year. This is because you may have brought in the parent stock when they were 4 months old, therefore you may have to wait another two months for the pigs to reach sexual maturity. Once the sows have been mated, it may take another 4 months for them to deliver 40 piglets. Seven days after weaning, the sows can be crossed again. They may produce another 40 piglets at the end of the year. Since it takes 6 months for pigs to reach slaughter weight, you can only sell the first batch of 40 pigs.
Pkom 