Ghana hard: Pork prices increase by 20%

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The wind of hardship blowing across the length and breadth of the country has even affected our favourite pork meat, locally called domedo (ie the fried one).

Yeah, this is after the Pig Farmers Association of Ghana (PFAG) indicated that pork retail prices will rise by 15% to 30% starting on Tuesday, September 20, 2022.

With the hike, a live pig will now be sold for GH18 per kilogram, while the carcass would go for GH28 per kilogram.

The increase, according to Kwame Appiah Danquah, National President of the PFAG, is due to an increase in feed prices.

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He said that despite increases in the cost of feed and other agricultural inputs, the current prices of GH15 and GH23 for live weight and carcass, respectively, set in May 2022, had remained constant.

In a phone conversation with GraphicOnline, Mr Danquah said the price rise would offset increases in the cost of production inputs beginning in 2021.

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“If you go to the farm and a pig is 100kilogrammes it means it would cost you 1,800cedis from next week,” he said.

“In May we did a price increase of 15 and 23 cedis and we have increased it by 20% which brings it to 18cedis for the live weight and 28cedis for the carcass”.

He said the prices of feed such as wheat bran and soya had increased by over 100 per cent this year, forcing some PFAG members out of business.

“Wheat bran that we were buying at 16 cedis is now 46 cedis and soya which we were buying at 160 cedis is now 340 cedis, so this increase is not going to give us profit but rather it is going to keep us in business.

“You can’t say we are taking undue advantage of the customer because we are making losses and losing our businesses at this rate”.

SOURCE: www.Ghbase.com

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