Tag Archives: Starting a Poultry Farm

Reasons Why Large-Scale Poultry Farms Have Lower Production Costs

Have you ever wondered why your competitors’ products may be significantly cheaper than yours, yet they continue to make massive profits margins? During the recent hike in chicken feed prices, there were calls to enforce a fixed pricing strategy for all Ghanaian poultry farmers. Despite the increase in feed prices, larger poultry farms were still charging relatively lower prices for their eggs. This forced some smaller farmers to attempt replicating the low price strategy to compete with their larger counterparts (this, of course, was a wrong decision). As you’d imagine, many small scale poultry farmers had to close down their farms since it was unsustainable for them to keep charging extremely low prices while the cost of production kept skyrocketing. With that out of the way, let’s delve straight into some reasons why larger-scale operations almost always incur a relatively lower cost per unit production.

Which One is More Profitable, Poultry Farming or Pig Farming?

A lot of farmers would love to raise both chickens and pigs on a commercial scale simultaneously, however, the capital required to start both business ventures is more than what most farmers can afford. Farmers are therefore forced to choose between poultry or pig farming. Before the choice is made, the farmer would definitely want to know the venture that offers the biggest return on investment within the shortest possible time. In this article, we are going to compare the two livestock ventures based on certain parameters so that you can decide as to which one is more profitable for you.

Is It Still a Good Idea to Start a Poultry Farm in Ghana?

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.

Should Money be Your Primary Motivation for Starting a Poultry Farm?

Some prominent figures in Ghana who are into poultry farming include Kwabena Darko, Ibrahim Mahama and Mr Beautiful. Now, it is safe to say that these individuals are making tons of cash from poultry farming. Given this, you may ask, “If Mr Beautiful and co can make money from poultry farming, why can’t I do the same? Sure, you can. But here lies the problem – even though you could actually make a lot of money, you are more likely to fail if your sole motivation is to make money. Sounds crazy right? Keep reading to find out why.

Should You Reject a Job Offer of GH₵ 3,000 per Month to Start a Poultry Farm?

Just a week ago, one gentleman contacted me asking for advice on whether to abandon a job offer of GH₵ 3,000 per month in favour of rearing 1000 layers and I thought it would be helpful to share the advice I gave him with you. The maximum revenue (from 1000 layers) you would probably make from egg sales in a month as of the time of writing this article is GH₵ 15,000 with a 20% profit margin, hence you basically make the same as someone who is receiving a GH₵ 3,000 per month salary. Now that it has been established that both options could generate the same income, you might be tempted to believe that this is just a matter of choosing any one of them but you’ll be intrigued to find out that this choice is not that simple to make. Keep reading this article to find out why.

Is this the Easiest Way to Reach 15,000 Layers in Only Five Years?

The first step is to look for two other partners and register the farm as a limited liability company. Once you have found the partners, the three of you can contribute and raise money to start a farm of 1000 layers – this may seem far off from the 15,000-layer target but hey, every successful company had humble beginnings. With 1000 layers you’d probably have to split a startup capital of around GH₵ 140,000 equally among three people meaning each partner would have to contribute approximately GH₵ 47,000.