Nigeria’s poultry sector faces soybean scarcity and AI

Published 2021년 2월 18일

Tridge summary

Nigeria has seen a resurgence of avian influenza in two backyard poultry farms and two commercial farms, leading to significant losses. The country is also grappling with a severe soybean shortage, which has driven the price of a 100kg bag of soybeans from N12,000 to N24,000 due to scarce maize supplies. The high cost of feed is forcing many poultry farms to shut down. In an effort to boost egg and meat production and create jobs, the Central Bank of Nigeria has allocated 12.55 bn Nigerian naira. The scarcity of soybeans is expected to persist, with prices expected to rise further as peasant farmers are the main producers. The Soybean Farmers Association has called on the government to provide farmers with necessary inputs at affordable prices and to provide regular training.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After 2 years of no reported outbreaks in the country, Nigeria’s National Veterinary Research Institute has confirmed that avian influenza has resurfaced. The outbreak occurred in 2 backyard poultry farms of multiple species of ostriches, geese, turkeys, layers, and peacocks in Kano state. Thereafter, outbreaks have been confirmed in 2 commercial farms. Meanwhile, Nigeria faces a severe soybean shortage. A 100kg bag of soybeans has risen to N24,000 (US$ 60.93) from N12,000 (US$ 30.47) a year ago, reports Premium Times. Added to this dire situation for poultry farmers is the scarcity of this chicken feed ingredient in the country, which follows reports of a shortage of maize. According to Onallo Akpa, DG of the Poultry Association of Nigeria, many poultry farms are closing because of the high costs of feed. “It is affecting the industry negatively, as soybean and maize constitute almost 80% of raw materials in feed production, and now soybeans and maize are in short supply,” he ...
Source: Poultryworld

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.