…as high cost of feeds eats up profit
On the 25th, millions of Christians in Nigeria will join the rest of the world to celebrate Christmas. These festivities put smiles on the faces of poultry farmers as they record huge sales and profit during the period.
Many farmers specifically raise broilers targeting the Christmas and New Year celebrations. This year, however, the farmers are rather not happy as they struggle with low sales because of the high price of chicken influenced by the cost of feed.
Those who spoke with Daily Trust said the little profit they make was not worth the effort and time while others said they were counting losses.