The farmgate price for pork has gone up by 20 per cent, effective 1 December 2023.

The Pig Farmers Association of Ghana made the announcement at this year’s Porktober event organised yearly.

The group’s president, Kwame Appiah Danquah, said: “Our new prices for the year starting December 1, 2023, are a minimum of GHS 30 per kilo for live weight and GHS 45 for carcass pork from the farm gate”. 

“I am stressing ‘farmgate,’ so if you go and buy it in Accra, don’t expect it at that price because there will be other additional costs due to transportation and other factors that would have to be catered for.”

He also said the association is “actively seeking funding opportunities”. “This approach is aimed at striking a balance between farmers and consumers, taking into account market dynamics and production costs”, he explained. 

He emphasised that the “primary challenge facing pig farmers is financing”. 

“To address this issue, the association is actively exploring opportunities for input financing to facilitate access to capital to improve the pig farming industry in the country,” Kwame Appiah Danquah added.